Move to offset impact of pork price hike

The central authorities released 10,000 tons of pork from the central reserve on Sept 19 followed by another 10,000 tons on Sept 24 to increase pork supply during the National Day golden week holiday.

The move is aimed at controlling the rising pork prices. In August, for example, the price of pork increased 46.7 percent year-on-year, raising the consumer price index by 1.08 percentage points.

Since pork accounts for more than 60 percent of Chinese people's meat consumption, the drastic rise in its price is the main factor driving up the CPI.