Stockpiles to save more money~
The price for foods would be going up if it is facing shortage during the festive session. CNY just around the corner, so, the government has made the decision to food stockpile for rice and cooking oil. The council will monitor, advise and oversee the government’s price policy, competitive market structure and the efficiency of subsidy schemes. It would also monitor, review and recommend measures to rationalise government subsidies and price support activities covering the production and supply, including imports, of all price-controlled items.
This is the good move to avoid the people to spend much in the essential stuffs.