Related News
Temporary subsidies to soften impact
Source: Xinhua |
November 24, 2010, Wednesday
|
Print Edition
Print Edition
CHINA'S Ministry of Civil Affairs yesterday urged local authorities to map out temporary subsidy plans for both urban and rural low-income groups to help them cope with food price hikes.
A rise in the prices of daily necessities has affected low-income people's lives, Vice Minister of Civil Affairs Luo Pingfei said. "We will try to ensure their basic lives and minimize the impact of price rises."
Luo told local authorities to determine the period of time to pay the subsidies.
China's consumer price index, the main gauge of inflation, rose to a 25-month high of 4.4 percent in October. The increase was mainly due to a 10.1-percent surge in food prices.
Luo said he hopes the country establishes a mechanism to link subsidies for low-income groups to changes in the CPI.
The vice minister said low-income residents will receive the temporary subsidies with this month's minimum subsistence allowance.
A rise in the prices of daily necessities has affected low-income people's lives, Vice Minister of Civil Affairs Luo Pingfei said. "We will try to ensure their basic lives and minimize the impact of price rises."
Luo told local authorities to determine the period of time to pay the subsidies.
China's consumer price index, the main gauge of inflation, rose to a 25-month high of 4.4 percent in October. The increase was mainly due to a 10.1-percent surge in food prices.
Luo said he hopes the country establishes a mechanism to link subsidies for low-income groups to changes in the CPI.
The vice minister said low-income residents will receive the temporary subsidies with this month's minimum subsistence allowance.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
