Berita 24 English - China's 14th five-year plan, which runs from 2021 to 2025, will tighten price controls on key commodities, includ...
Berita 24 English - China's 14th five-year plan, which runs from 2021 to 2025, will tighten price controls on key commodities, including iron ore, copper, and corn, the state planner said Tuesday.
China will adhere to its minimum purchase price policy framework for rice and wheat, the National Development and Reform Commission stated, to ensure supply and stabilize prices.
It added that it would adopt the pumped storage pricing mechanism and advocate for price reforms in the electricity distribution and transmission sectors.
