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Lawmakers start debating cabinet report on commodity price
Posted: December-24-2008Adjust font size:

Photo by Wang Xinqing

China's top legislature on Wednesday morning started debates on a cabinet report, which detailed government measures in stabilizing commodity prices since May, 2007.

Zhang Mao, vice minister of the National Development and Reform Commission, delivered the report to lawmakers at a plenary session of the National People's Congress Standing Committee.

The National Bureau of Statistics said on Dec. 11 that China's CPI rose at a slowing annual rate of 2.4 percent in November.

The CPI rate had slowed for seven straight months because of a sharp fall in world commodity prices and sluggish demand amid the global financial crisis.

Source: Xinhua News AgencyEditor: Lydia
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