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China’s cabinet pledges to ensure commodity supply and stable prices, to encourage coal miners to increase production

China will ensure the supply of commodities and keep their prices stable to maintain steady economic operations, according to a statement released after a State Council meeting chaired by Premier Li Keqiang on Wednesday, reported the official Xinhua News Agency.

Prices for commodities such as steel, iron ore and copper have surged this year fueled by post-lockdown recoveries and easing liquidity globally. The comments came after the State Council vowed on May 12 to closely monitor . . .

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