The National Development and Reform Commission said it will strengthen
price-regulation mechanisms for key livelihood goods during the 15th Five-Year
Plan to protect basic living standards. It will upgrade monitoring and
early-warning systems—improving the quality and timeliness of monitoring and
analysis to support pre-emptive supply and price-stability measures; optimize
long-term controls, implementing support policies including minimum procurement
prices for paddy and wheat, and enhance production-to-sales links and
cross-regional coordination so stable supply underpins price stability; and step
up management of market expectations by mandating supply-demand analysis and
information releases to guide production and consumption toward a higher-level
dynamic supply-demand balance and more orderly prices.
