Caixin
Nov 02, 2021 08:13 PM
ECONOMY

Don’t Read Too Much Into Commerce Ministry’s Call for Households to Stock Up on Daily Necessities, Sources Say

What’s new: China’s commerce ministry has told local authorities to encourage households to keep certain stocks of daily necessities like meat and vegetables in the upcoming winter and spring in case of any emergency, according to a Monday notice (link in Chinese).

The notice has raised concerns among some residents about a potential lack of food.

In response to such concerns, sources close to the ministry said that people should not over-interpret the statement. The notice is a regular seasonal move aiming to ensure adequate supplies and stable prices of daily necessities, they told Caixin.

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