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China: Sufficient supplies in the national Spring Festival market

The Ministry of Commerce said on February 1st, that the national market is adequately supplied, the price is stable, and both supply and demand are booming. According to preliminary statistics, the large-scale supermarket chains and distribution centers under key monitoring have increased their stocks by more than 20% during the holiday season. The stocks of grain and oil can meet the daily consumption for about 20 days, and the stocks of meat and vegetables can satisfy basic consumer needs for 5 to 7 days. If there is no long-term abnormal weather, the Spring Festival market supply is very secure.

Source: People's Daily

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