Guangzhou (JLC), August 7, 2019--JLC signed a contract on August 5 with the National Development and Reform Commission (NDRC)’s price monitoring center (referred to as the Center hereafter) on price information cooperation.

    Mr. Huang Haixin, JLC President, signed the contract with Mr. Ding Zhijun, vice director of the Center and general manager of China Price Information Network, a wholly-owned subsidiary of the Center and an important window for the Center to serve the society, at JLC’s headquarters in Beijing. The signing ceremony was also attended by Mr. Lu Yanchun, director of the Center and some other officials from NDRC and executives from JLC.

    Both parties will establish mechanisms for information sharing, launch in-depth cooperation in the monitoring of prices and market developments, the development and advertisement of price indexes, subject research and industrial conferences and provide better service to help with the government’s macro control and high-quality development of the industry.

    The cooperation is a reflection of the Center’s trust in and recognition of JLC’s service in commodity prices.