Economics

China Confident About Keeping Prices at Stable Levels

A coal stockpile site in Taicang, Jiangsu Province, China.

Photographer: Qilai Shen/Bloomberg
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Prices of important goods in China will remain within a reasonable level, and authorities are ensuring that supplies of such products are sufficient, according to the state-linked China Development and Reform News.

China’s price levels are under control and the country won’t face a situation where costs would rise across the board, the report said. China Development and Reform News is run by the country’s economic planner National Development and Reform Commission.