Ministry of Commerce: Sufficient supply of daily necessities nationwide, overall stable prices.

On December 25th, the Ministry of Commerce held a routine press conference. The spokesperson for the Ministry of Commerce, He Yongqian, stated that currently, according to big data from the Ministry of Commerce, the supply of essential goods in the national market is sufficient and prices are generally stable. The new year is approaching, facing the traditional peak consumption season. The Ministry of Commerce is diligently implementing the deployment of the Party Central Committee and the State Council, combining the characteristics of holiday consumption and the needs of the people, guiding local commerce authorities to take more powerful measures to do well in promoting end-of-year and early-year consumption and ensuring market supply. The original text is as follows: Ministry of Commerce holds routine press conference [He Yongqian]: Dear journalists, Good afternoon everyone, welcome to the routine press conference of the Ministry of Commerce. Today, I have no information to report to everyone. I am willing to answer any questions from journalists. Please ask questions below. [Xinhua Finance and Economics Journalist]: In view of the upcoming peak consumption season of New Year's Day and Spring Festival, what specific arrangements does the Ministry of Commerce have in place to strengthen the supply of essential goods for daily life? At the end of the year and the beginning of a new year, what consumer-friendly measures are there to promote consumption, and can you please elaborate on the situation? [He Yongqian]: The new year is approaching, and we will also welcome the traditional peak consumption season. The Ministry of Commerce is diligently implementing the deployment of the Party Central Committee and the State Council, combining the characteristics of holiday consumption and the needs of the people, guiding local commerce authorities to take more powerful measures to do well in promoting end-of-year and early-year consumption and ensuring market supply. This includes focusing on the following four aspects. First, plan ahead for rich and exciting consumer activities. Deeply implement the consumer stimulation special action, organize and carry out a series of consumption-expanding activities such as the New Year's consumption season, online Spring Festival goods festival, and traditional brand carnival. We will promote the dual-drive of "policies + activities," innovate to create diversified consumer scenes, expand the supply of high-quality goods and services, and better meet the holiday consumption needs of urban and rural residents. Second, strengthen the monitoring of big data in the market for essential daily goods. Start the daily monitoring system for the market of essential daily goods, increase the frequency of dynamic monitoring and technological support for information, strengthen market analysis and prediction, and release authoritative information through multiple channels. Third, ensure market supply. Guide wholesale markets such as the Shenzhen Agricultural Power Group, large chain supermarkets, etc., to organize suitable sales goods from main production areas, strengthen the connection between production and sales, and establish stable direct supply channels. Guide commercial and trade circulation enterprises to increase the stock of goods, focusing on meat, eggs, fruits and vegetables, aquatic products, and other commodities according to local actual demand. Fourth, guide the creation of a festive atmosphere. Encourage key supermarkets, shopping centers, etc., to extend their business hours appropriately, innovate thematic activities, enrich scene arrangements, and enhance the festive atmosphere. Support e-commerce platforms and logistics companies to properly arrange transportation capacity and ensure holiday delivery services. Currently, according to big data from the Ministry of Commerce, the supply of essential daily goods in the country is sufficient, and prices are generally stable. Thank you. [Cover News Reporter]: It has been reported that TikTok has signed agreements with three investors and will establish a new TikTok U.S. joint venture company to ensure its continued operation in the U.S. What is the spokesperson's comment on this? [He Yongqian]: In order to implement the important consensus reached in the phone call between the leaders of China and the United States, the two sides have reached a basic framework consensus on resolving issues such as TikTok through cooperation on the basis of mutual respect and equal consultation. The Chinese government hopes that companies will reach a solution that complies with Chinese laws and regulations and balances interests. We hope that the U.S. and China will work together to fulfill the relevant commitments, provide a fair, open, transparent, and non-discriminatory business environment for Chinese companies to operate stably in the U.S., and promote stable, healthy, and sustainable development of China-U.S. economic and trade relations. Thank you. [Phoenix TV Reporter]: Recently, the U.S. ordered the blockade of all sanctioned oil tankers entering and leaving Venezuela, and has intercepted three oil tankers. China is one of the main buyers of Venezuelan crude oil. What impact will this have on China-Venezuela crude oil trade? Does the Ministry of Commerce have any response to the U.S. actions? [He Yongqian]: China consistently opposes unilateral sanctions and the so-called "long-arm jurisdiction" by some countries, arbitrarily intercepting oil tankers from other countries may not only disrupt the normal operation of the international energy market but also pose other security risks. It is normal and reasonable for Venezuela to conduct economic and trade cooperation with other countries within the framework of international law, and this right should be respected and supported. Thank you. [Southern Metropolis Daily Reporter]: On December 23, the U.S. Trade Representative's Office released the results of the Section 301 investigation into China's semiconductor policy, announcing the imposition of Section 301 tariffs on some Chinese semiconductor products. Currently, the tariff rate is 0%, but will be increased after 18 months, in June 2027. What is the Ministry of Commerce's comment on this? [He Yongqian]: China has noted the situation and has lodged solemn representations with the U.S. side through the China-U.S. economic and trade negotiation mechanism. China does not agree with the so-called conclusions of the U.S. Section 301 investigation and strongly opposes the imposition of Section 301 tariffs on Chinese semiconductor products by the U.S. The U.S. unilateral tariffs violate WTO rules, disrupt the international economic and trade order, disturb global industrial and supply chains, harm the interests of U.S. businesses and consumers, and damage others while benefiting oneself. China urges the U.S. to correct its wrong practices as soon as possible and lift the relevant measures. China is willing to resolve its concerns through equal dialogue and consultation with the U.S. on the basis of mutual respect, peaceful coexistence, and win-win cooperation. If the U.S. insists on damaging China's interests, China will resolutely take necessary measures to firmly safeguard its own rights and interests. Thank you. [Bloomberg Reporter]: According to some U.S. market sources, China is still restricting some rare earth elements, such as some rare earth magnets, while the U.S. produces permanent magnets that require these elements. Will the Ministry of Commerce relax export restrictions on rare earth magnets to the U.S.? [He Yongqian]: I am not sure where you got your information. The vast majority of rare earth magnets are general import and export goods, and fluctuations in trade data are normal market phenomena. As I have repeatedly emphasized, China has always been committed to maintaining the security and stability of global supply chains, actively promoting and facilitating compliant trade. Thank you. [He Yongqian]: Today is the last routine press conference of the Ministry of Commerce in 2025, and we are about to welcome 2026. Thank you to all journalists for your attention and support to the work of commerce news this year, and for your active reporting. I would like to wish you all a happy New Year in advance and all the best. Thank you, everyone. This article is compiled from the official website of the Ministry of Commerce, GMTEight Editor: Jiang Yuanhua.