On April 19, at a press conference of the National Development and Reform Commission, Meng Wei, a spokesman for the National Development and Reform Commission, said that in recent times, due to geopolitical and other factors, the volatility of the international commodity market has intensified and prices have risen significantly.

China's economy has been deeply integrated into the world economy, and the proportion of external procurement of some bulk commodities is relatively high. The increase in international prices will objectively bring imported effects and increase the upward pressure on domestic PPI.

In the next step, the National Development and Reform Commission will effectively ensure market supply, speed up the release of high-quality production capacity, strengthen the coordination and linkage of price and reserve policies, give full play to the regulating role of reserves, and strengthen the adjustment of reserves and imports and exports.

Strengthen the guidance of market expectations, release relevant information in a timely manner, intensify market supervision, severely crack down on illegal activities such as hoarding, price gouging, and dissemination of false information, and resolutely curb excessive speculation.

(Reporter Liu Xuanting)

Responsible editor: [Ji Xiang]