NDRC calls for check on inflation

The country's top economic planner will tighten control over prices to prevent the inflation rate from rising further.

Two days after increasing fuel and electricity prices, the National Development and Reform Commission (NDRC) said regulators have to monitor prices more tightly and prevent the prices of industrial products from rising.

Manufacturers have to cut production costs, instead of raising the prices of their products, the NDRC said, and suggested that local governments cut the administrative fees paid by them.