China's market of basic food products including vegetables, fruits, meat, dairy, and aquatic products has maintained ample supply, meeting the consumption needs of urban and rural residents, said the Ministry of Agriculture and Rural Affairs.
The overall prices of daily necessities are seasonally trending upwards, but still remain lower than the same period of last year, according to the ministry.
In July, the wholesale prices of the national food supplies rose by 3.91 percentage points from the previous month, but were 2.29 percentage points lower year-on-year, the ministry said.
In terms of vegetables, prices have recently shown a seasonal increase. Regarding the dispatching situation, the national vegetable production in July reached 77.54 million tons, and the market has operated in a stable manner on the whole.
Due to the adverse effects of hot and rainy weather during the summer in some areas, vegetable growth was impeded, resulting in escalated harvesting costs. Following four consecutive months of decline, vegetable prices have now rebounded.
So far, 106 million mu (about 7.07 million hectares) of land is now planted with vegetables, an increase of 880,000 mu (about 58,667 hectares) over the same period of last year, providing a foundation for stable production and supply.
Affected by recent extreme weather events such as high temperatures and floods, prices of meat and eggs have slightly rebounded after a continuous decline.
Additionally, the overall supply of basic food products such as beef, lamb, milk, and fruits is sufficient, and prices continue to fall. The supply and demand for aquatic products are generally balanced, with prices remaining stable and slightly decreasing.
China's daily necessities market maintains ample supply
