Radical measures must be taken to curb the price increase of agricultural products. First of all, it is necessary to change the current policies and measures of the central bank, not only to regulate the money supply and interest rates, but also to regulate the scale of new credit. Monetary policy regulation mainly adopts quantitative monetary policy tools. Secondly, the RMB exchange rate formation mechanism is based on market supply and demand, forming a two-way fluctuation trend and continuously enhancing the flexibility of RMB exchange rate. As long as the average value of RMB exchange rate flexibility range remains basically stable, but the bottom keeps rising, we don't have to pay attention to the pressure from the United States and Europe. Third, strengthen the effective control and crackdown on hot money. We will continue to promote trade facilitation, promote the reform of capital account management in an orderly manner, continue to use price mechanisms such as exchange rate and interest rate for reasonable guidance, maintain a high-pressure attack on international hot money flows, prevent them from strategically shorting China's market, and safeguard China's foreign-related economic and financial security.
In addition, of course, it is necessary to coordinate the current production of grain and "vegetable basket" products, promote the rapid development of grain and vegetable circulation, and ensure the effective supply of agricultural products in the market. At the same time, strictly rectify the market order of agricultural products, severely crack down on illegal hoarding of agricultural products, effectively strengthen the supervision of medium and long-term trading markets of bulk agricultural products, prohibit illegal futures trading, and resolutely ban the medium and long-term trading markets of bulk agricultural products where market organizers manipulate prices and misappropriate deposits.
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