Local market regulator in Xi’an summoned e-commerce platforms to stabilize prices and ensure supply

Local market regulator in Xi’an, capital of Northwest China’s Shaanxi Province, summoned more than 20 e-commerce platforms and online food delivery platforms, including JD.com, Meituan, and Freshhema, to stabilize prices and ensure supply as the prices of vegetables and other commodities have risen due to the recent COVID-19 flareup, according to media reports on Monday.

Local Xi’an online news outlet, xiancn.com, reported on Monday that the market regulator in Xi’an has summoned more than 110 large supermarkets and agricultural wholesale markets, and more than 20 online platforms to further stabilize prices and ensure product supply, while strengthening the delivery services and monitoring prices.

Relevant authorities in Xi’an issued a notice on Sunday to crack down on illegal activities such as hoarding and price gouging, aiming to regulate operators’ behaviors and maintain a stable market, while taking multiple measures to strengthen price supervision.

Local authorities in Xi’an have been inspecting major supermarkets and retail stores, handling cases of regulations violations and closely monitoring commodity prices. In the meantime, the city will continue to step up efforts to ensure supply and price stability with further improved mechanisms.

Xi’an reported 150 new confirmed COVID-19 cases on Sunday.

Local residents shop at a supermarket in Xi’an, Shaanxi Province on December 21, 2021. Photo: VCG

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *