Fri, November 26, 2010
Business > Economy

Local measures help stabilize prices

2010-11-26 10:27:55 GMT2010-11-26 18:27:55 (Beijing Time)  China Daily

Vendors pack onions at a wholesale market in Yinchuan, capital of Northwest China's Ningxia Hui autonomous region, Nov 25.[Photo/chinadaily.com.cn]

A vendor unloads cabbage from a truck at a wholesale market in Yinchuan, capital of Northwest China's Ningxia Hui autonomous region, Nov 25.[Photo/chinadaily.com.cn]

Saleswomen arrange goods at a supermarket in Lhasa, capital of Southwest China's Tibet autonomous region, Nov 25. [Photo/chinadaily.com.cn]

A woman buys cabbage at a market in Lhasa, capital of Southwest China's Tibet autonomous region, Nov 25.[Photo/chinadaily.com.cn]

A woman buys vegetables at a direct selling market in Guiyang, capital of Southwest China's Guizhou province, Nov 25. [Photo/chinadaily.com.cn]

Farmers load vegetables onto a van at a farm in suburban Wuhan, capital of Central China's Hubei province, Nov 25. The province's vegetable prices decreased after the local government introduced nine acts to stabilize commodity prices. [Photo/chinadaily.com.cn]

To stabilize commodity prices, the city government has enacted eight measures, including enhancing the market monitoring system, increasing temporary price subsidies and cutting the logistics costs of vegetables and meat. The city's commodity prices have been falling since mid-November, with the price of ginger, garlic and mung bean dropping quickly.

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