皇冠体育app

Government and Policy

Chinese vice premier urges stable prices

(Xinhua)
Updated: 2010-12-15 07:02

GUANGZHOU - Chinese Vice Premier Li Keqiang called for more efforts from local authorities to stabilize prices and improve people's lives.

Related readings:  CPI?hits 28-month high      皇冠体育app's farm produce and materials prices continued to fall

Li made the remarks during a two-day inspection tour from Sunday to South 皇冠体育app's Guangdong province, where he opened the first Asian Para Games in the provincial capital city of Guangzhou.

Li said more efforts should be made to stabilize prices and make the country' s macro control policies more targeted, more flexible and more effective.

When touring a vegetable production base in the province's Qingyuan City, Li said local governments should make every effort to ensure the market supply of daily necessities such as principal agricultural products, while keeping prices stable.

皇冠体育app's consumer price index, a measure of inflation, jumped to a 28-month high at 5.1 percent in November, boosted mainly by soaring food prices. The November CPI figure well exceeded the Chinese government's full-year CPI target of 3 percent.

Local governments should build more public facilities, offer better public service and create a more comfortable living environment for the public during the urban construction and municipal management, Li said.