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China economy
EconomyChina Economy

China to release commodities ‘essential for livelihood’ after Henan floods, amid rise in coronavirus cases

  • National Development and Reform Commission (NDRC) says it will strengthen control and prevention of African swine fever after the flooding in Henan province
  • Its also said that it will ensure supplies of essential produce from the impact of the floods and the coronavirus

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Last month’s flooding around China’s central Henan province has swept away the crops and animals of some farmers while others are seeking donations of disinfectants to stop the spread of animal disease. Photo: Simon Song
Reuters

China said it will release reserves of commodities “essential for livelihood” in a timely and targeted manner, the state planner said on Friday, after floods hit some regions and amid a resurgence of coronavirus infections in the country.

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The National Development and Reform Commission (NDRC) said it will strengthen control and prevention of African swine fever disease in its pig herds after the flooding and would ensure supplies of essential produce from the impact of the floods and the coronavirus.

The NDRC said in a statement it will ensure prices do not rise sharply while assuring market supply of important livelihood commodities.

China will strengthen market supervision and severely crack down on fabricating and spreading price increase information, hoarding and collusion to drive up prices, it said.

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Last month’s flooding around China’s central Henan province has swept away the crops and animals of some farmers while others are seeking donations of disinfectants to stop the spread of animal disease.
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