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Government Monitoring Festival Prices Closely

CHINA
MNI (BEIJING)

Authorities are carefully monitoring price fluctuations during the Spring Festival season and taking action to avoid risks that may affect market order, according to Pu Chun, deputy director at the State Administration for Market Regulation. Pu, speaking at a press conference, said authorities were watching prices of hotel and restaurants, transportation and logistics, and food. The administration was taking action to stabilise prices, Pu added. (Source: 21st Century Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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