Tuesday, February 8, 2011

70% price increase last year in food prices caused by the - Domestic Finance - gold in the online

 Central Rural Work Leading Group Chen Xiwen, deputy head of the State Council Information Office press conference today said that last year China's consumer price (CPI) index was 3.3%, about 70% of the increase is due to higher food prices caused.

news agency reported that the Central Document No. 2011, overall work of the decision. State Council Information Office on January 30 press conference, the Central Rural Work Leading Group, deputy head of the Office of the Minister of Water Resources Chen Lei Chen Xiwen and other introduced three rural water reform and development work and the situation and answer your questions.

Mr Chen in response to a reporter on It is rare for many years a high level. CPI index for the entire country last year was 3.3%, about 70% of the increase is due to higher food prices caused. Therefore, the rise in rural incomes and agricultural prices really are intrinsically linked.

However, Mr Chen has responded, farmer income growth last year, the most important factor is the increase in wage income. Last year around the announced increases in the minimum wage, which is employment growth in migrant workers, migrant workers income is clearly beneficial. But at the same time, the rise in the minimum wage level will increase the cost of agricultural labor, thus promoting agricultural prices.

to give farmers and create more non-agricultural employment opportunities for people to add more wage income. Fourth, to improve the circulation system of agricultural products, reducing intermediate costs, lower retail prices. and finally, to improve some important agricultural products reserves and regulatory system throughput, while improving on the price of low-income groups when necessary compensation system.

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