日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

 

China hikes low-income subsidy amid inflation

0 Comment(s)Print E-mail Xinhua, August 11, 2011
Adjust font size:

More than two thirds of Chinese provinces are hiking cost-of-living subsidies to low-income families to help them weather the impact of a spike in inflation.

In Chengdu, capital city of Sichuan Province, each of the 300,000 low-income residents will start to receive a quarterly subsidy of 135 yuan (21 U.S. dollars) no later than Aug. 20, the government said Thursday.

The living expenses of low income groups in Chengdu rose over three percent year-on-year in the second quarter, said officials with the city's development and reform committee. The amount of the subsidy was set with particular consideration to the rise of food prices, they added.

Further increases of the subsidy are possible if living costs keep growing at a rate of 3 percent or above, the officials said.

Chengdu is among 22 provinces, municipalities and regions that have decided to raise the subsidies for the low-income families, according to media reports.

Some 90 million people will benefit from the subsidy hikes by the end of the year when the amount of the subsidy is pegged to the rise of consumer prices and goes into effect nationwide, the National Development and Reform Commission (NDRC) recently announced.

Zhou Wangjun, vice director of the NDRC's price department, said the government will continue to improve the subsidy scheme to let it follow the price rises more efficiently.

The official said that would be the most effective way to help people in need.

China's consumer price index (CPI), the main gauge of inflation, shot up 6.5 percent year-on-year, hitting a 37-month high. The surge was mainly due to a 14.8-percent increase in food prices, according to the National Bureau of Statistics.

The price of pork, a staple food in China, soared by nearly 57 percent in July, the bureau said in its Tuesday release of monthly inflation data.

The CPI rose 5.4 percent year-on-year for the first half of the year, well above the government's 4-percent target for the year.

Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 酒泉市| 柘城县| 宣恩县| 金湖县| 徐水县| 旬邑县| 廉江市| 彭山县| 海兴县| 集贤县| 达拉特旗| 东源县| 阳西县| 泰安市| 通州区| 清苑县| 衡阳市| 丰顺县| 江孜县| 托克逊县| 旺苍县| 万山特区| 化德县| 昔阳县| 溧阳市| 克东县| 康平县| 惠安县| 延寿县| 汾西县| 江华| 丰原市| 开平市| 南汇区| 西乡县| 成安县| 蓬莱市| 高尔夫| 顺平县| 黄浦区| 周宁县|