SDRC: general price hike might continue for a while
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Chinanews, Beijing, Dec. 14 – It's our subjective1 desire that the price hike in China will end as soon as possible. However, based on the current real situation and considering various domestic and international factors, we expect that the current price hike will continue for a while in future, said Cao Changqing, head of the Pricing Department under the State Development and Reform Commission (SDRC), on Thursday.

 

If we look at the type of goods that have risen in price, we will notice that the most distinctive2 feature of the current price hike, whether in domestic or international market, is that food prices have contributed to most of the price hike. The price of food is determined3 by the price of agricultural products, and agricultural production has cyclical nature because it is largely affected4 by natural conditions. The price rise in agricultural products demonstrates that some agricultural products are in short supply. In order to solve the problem, we need to increase production and that will require us to increase the crop-growing acreage. If the weather is good, our efforts will turn fruitful soon – maybe the food shortage problem can be solved in just one year. However, if some natural disasters occur, the problem might last for a while. The cyclical period for pig raising, for example, is normally three years. It usually takes 16-17 months for us to raise a sow, wait it to farrow and further wait for the piglet to grow into a hog5. This will be a long process. So we should not expect that the undersupply of agricultural products can be solved in a short time, Cao said.

 

On the other hand, demand for food will always remain stable, despite its supply fluctuations6. We always need to eat food, no matter when there is sufficient supply of it or when there is not enough food in the market. We can reduce our pork consumption for a while, but not for ever. Likewise, we will not eat more pork just because there is sufficient supply of pork in the market. Faced with a stable food demand, it might take some time before we can balance the supply and demand in foodstuffs7, Cao noted8.

 



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1 subjective mtOwP     
a.主观(上)的,个人的
参考例句:
  • The way they interpreted their past was highly subjective. 他们解释其过去的方式太主观。
  • A literary critic should not be too subjective in his approach. 文学评论家的看法不应太主观。
2 distinctive Es5xr     
adj.特别的,有特色的,与众不同的
参考例句:
  • She has a very distinctive way of walking.她走路的样子与别人很不相同。
  • This bird has several distinctive features.这个鸟具有几种突出的特征。
3 determined duszmP     
adj.坚定的;有决心的
参考例句:
  • I have determined on going to Tibet after graduation.我已决定毕业后去西藏。
  • He determined to view the rooms behind the office.他决定查看一下办公室后面的房间。
4 affected TzUzg0     
adj.不自然的,假装的
参考例句:
  • She showed an affected interest in our subject.她假装对我们的课题感到兴趣。
  • His manners are affected.他的态度不自然。
5 hog TrYzRg     
n.猪;馋嘴贪吃的人;vt.把…占为己有,独占
参考例句:
  • He is greedy like a hog.他像猪一样贪婪。
  • Drivers who hog the road leave no room for other cars.那些占着路面的驾驶员一点余地都不留给其他车辆。
6 fluctuations 5ffd9bfff797526ec241b97cfb872d61     
波动,涨落,起伏( fluctuation的名词复数 )
参考例句:
  • He showed the price fluctuations in a statistical table. 他用统计表显示价格的波动。
  • There were so many unpredictable fluctuations on the Stock Exchange. 股票市场瞬息万变。
7 foodstuffs 574623767492eb55a85c5be0d7d719e7     
食物,食品( foodstuff的名词复数 )
参考例句:
  • Imports of foodstuffs accounted for a small proportion of total imports. 食物进口仅占总进口额的一小部份。
  • Many basic foodstuffs, such as bread and milk, are tax-free. 许多基本食物如牛奶和面包是免税的。
8 noted 5n4zXc     
adj.著名的,知名的
参考例句:
  • The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
  • Jim is noted for arriving late for work.吉姆上班迟到出了名。
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