China
China to take further measures to help low-income groups
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Source: CCTV.com | 11-15-2007 13:35
Special Report: 17th CPC National Congress |
China will take further measures to stabilize general price levels and help low-income groups. The decision was made at Wednesday's executive meeting of the State Council chaired by Premier Wen Jiabao.
The government has decided to boost investment in building farm infrastructure and carry out policies to develop the grain, pork and dairy industries.
The government will also raise subsidies to farmers to maintain grain acreage and encourage planting of oil crops as well as vegetables.
Comprehensive measures will be taken to expand crude oil production and refining capacities to guarantee supplies.
Railway authorities are to make the transport of public daily necessities a priority.
The government will adjust the nation's current tariff policies to help increase imports of some products in short supply.
The meeting called for stronger market monitoring to clamp down on price rigging and maintaining normal operation of the markets.
The government will raise pensions for company retirees and minimum allowances for needy citizens. It will also continue to subsidize school canteens and public transport.
Editor:Zhang Ning
