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NDRC: CN to Strengthen Mkt Mechanism for Survival of Fittest, Organize Price Relations
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Wang Changlin, Deputy Director of the National Development and Reform Commission (NDRC), introduced the related situation of the implementation of the spirit of the Central Economic Work Conference for promoting a good start to the '15th Five-Year Plan' at a press conference held by the State Council Information Office. Since 4Q25, there have been positive changes in price operations, he said. Moving forward, relevant departments will implement more proactive fiscal policies and moderately loose monetary policies, prioritizing the promotion of a reasonable rebound in prices as a key consideration for monetary policy. This will foster a positive interaction between economic growth and price hike. Efforts will be made to deeply rectify 'involutionary' competition, formulate regulations for building a unified national market, standardize the behavior of local governments and enterprises, strengthen the market mechanism for survival of the fittest, facilitate the exit of outdated and inefficient production capacities, organize price relations, promote efficient resource allocation, and ensure safe and stable supply. AASTOCKS Financial News Website: www.aastocks.com |
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