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NDRC price center thanks JLC for its support in 2020

JLC January 12 , 2021 Victor Yang

Guangzhou (JLC), January 12, 2021--The National Development and Reform Commission (NDRC)’s price monitoring center (referred to as the Center hereafter) wrote JLC a thank-you letter on January 11, for the company’s support in 2020.


The Center spoke highly of JLC’s work in 2020 when domestic and international economic situations were more complex and volatile and there were more factors impacting bulk commodities prices. In the face of risks and challenges, JLC provided more extensive and intensive support for the Center and continued to supply the Center with JLC Bulk Commodity Price Weekly, a timely reflection of market developments.


The Center thanked JLC for its daily information about commodities related to people’s livelihood and protection equipment during the epidemic, as the information has been strong support for the work on ensuring supply and stabilizing prices during the unusual period of time. The task to collect the information was entrusted by the Center.


The Center also pointed out that the indexes and assessments jointly released by JLC and Shandong Port Group under the guidance of the Center had attracted broad attention from the market.


The recognition by the Center is an affirmation of JLC’s professionalism and its fulfillment of its social responsibility. It will incentivize JLC to keep improving itself and fulfill its social responsibility better.


JLC will, as always, bring its advantages in big data service and professionalism into full play and provide the Center with as much support as possible on the government’s macro control and efforts to promote high-quality development in 2021, the first year for the 14th Five-Year Plan period. Meanwhile, it will provide good big data service for the country, the industry and its customers and help with the digitalization and intelligentialization of the bulk commodity industry.


The letter runs as follows:
 

Dear JLC Network Technology Co:

 

The year 2020 has turned out to be an extraordinary one, with more complex and volatile domestic and international economic situations and more factors impacting bulk commodities prices. In the face of risks and challenges, we (the Center and JLC) continued to deepen and extend our cooperation. Over the past year, your company has continued to supply the Center with JLC Bulk Commodity Price Weekly, a timely reflection of market developments. Meanwhile, the Indexes and assessments jointly released by JLC and Shandong Port Group under the guidance of the Center have attracted broad attention from the market.


Entrusted by the Center, JLC collected information on a daily basis about commodities related to people’s livelihood and protection equipment during the epidemic in 2020, and the information has been strong support for the work on ensuring supply and stabilizing prices during the unusual period of time.


As a new year arrives, we’d like to thank you for the great support.


2021 is the first year for the 14th Five-Year Plan period and we face new situations and challenges. We hope that both parties will, under the guidance of new development concepts, continue to bring their advantages into full play, create new cooperation and contribute more to macro control, stabilizing market expectation and high-quality economic development.

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