日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Surging commodity prices to leave limited impact

By ZHANG YUE | China Daily | Updated: 2021-04-17 08:10
Share
Share - WeChat
A worker is busy on the production line at the weaving workshop in an economy development zone in Lianyungang, Jiangsu province, on Oct 19, 2020. [Photo/Xinhua]

Though global bulk commodity price hikes may bring certain impact to some industries in China, raw material prices of the country's upstream industries do not have the logic for long term increase, the National Bureau of Statistics said on Friday when responding to a question on the recent increases in commodity price.

Liu Aihua, a spokeswoman for the NBS, said improved global liquidity, recovering market demand and supply shortages have led to higher bulk commodity prices. In China, raw material prices have been trending upward with the producer price index rising 4.4 percent on a yearly basis in March. The index has been climbing since the beginning of this year, with 0.3 percent and 1.7 percent growth in January and February, respectively.

Liu said the PPI surge was largely a structural one due to the higher production material costs. Prices for the means of production rose by 5.8 percent on a yearly basis in March, while price hikes for living subsistence went up by 0.1 percent last month on a yearly basis. She said upstream product prices will not increase in the long run as supplies are picking up and demand is still recovering.

"As China is deeply integrated into the world economy, the global commodity price hikes may impact a number of industries. Structurally speaking, the impact will be mostly on upstream industries, but there is no basis for long-term increases," she said.

Wang Yiming, a member of the monetary policy committee of the People's Bank of China, the central bank, and vice-chairman of the China Center for International Economic Exchanges, said it is necessary to keep a close eye on international bulk commodity prices. He said the higher commodity prices resulted from an accelerated global economic recovery, loose monetary policy environment and expanded demand for bulk commodities.

"But bulk commodity prices are likely to face short-term pressure. It is important to track the global market changes, help ease pressure in downstream industries and enhance strategic reserves of bulk commodity," he said.

Liu from the NBS said the consumer price index, or CPI, for this year is expected to remain at a moderate level. The 0.4 percent increase in CPI in March is a modest one and was triggered by high gasoline prices, while prices of most other commodities remained stable, she said.

China has sufficient supplies and a comprehensive production chain for industrial consumer goods, and as such prices of these are not likely to see any notable surges, she said. Pork prices, one of the key reason for the CPI growth in the last two years, is likely to see a moderate decline while grain supply also remains sufficient, she said.

Chen Jia contributed to this story.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲高清成人欧美动作片 | 欧美黑人伦理 | 成人免费大片a毛片 | 欧洲毛片 | 久久观看 | 免费网站国产 | 黄色一级视频 | 欧美日韩在线免费 | 久久精品国产清自在天天线 | 欧美亚洲国产精品第一页 | 国产欧美一区二区三区在线看 | 九九热视 | 日本视频在线 | 日韩欧美三级在线 | a在线观看网站 | 99精品国产一区二区青青牛奶 | 色综合色狠狠天天综合色 | cheaperapp.work直接访问 | 狠狠草视频 | 国产69久久久欧美黑人A片 | 亚洲免费在线视频 | 国产高清精品一区 | 久久久久久av | 91精品国产综合久久婷婷香蕉 | 日本精品久久久久久久 | 亚洲精品www| 精品一区二区三区在线播放 | 91精品久久久久久久久久 | 日本欧美一区二区三区视频 | 一级毛片直接看 | 一区二区三区回区在观看免费视频 | 日本一区二区三区四区高清视频 | 国产小网站 | 欧美午夜在线播放 | 小凤仙的故事 电视剧 | 欧美日韩一区二区在线 | 日韩欧美在线看 | 久久久久国产一区二区三区 | 午夜寂寞少妇aaa片毛片 | 成人在线免费 | 国产一区 |