Seven things people do when they open the door: firewood, rice, oil, salt, soy sauce, vinegar and tea. Price is linked to economic development at one end and people's livelihood at the other. The government work report sets the target of consumer price increase at about 3% this year, which is consistent with the last two years, which is conducive to maintaining the continuity of policy objectives and stabilizing market expectations, and also reflects China's confidence and determination to maintain stable price operation. Looking back on the economic operation in the past year, price stability is a highlight. In 2022, with the sharp rise of global food and energy prices and the high pressure of imported inflation, China's consumer price index (CPI) will increase by less than 3% every month and only 2.0% in the whole year, which is significantly lower than the growth of developed economies such as the United States 8.0%, the euro area 8.4%, the United Kingdom 9.1%, and also significantly lower than the growth of emerging economies such as India, Brazil, South Africa and other 6% to 10%. There is a sharp contrast between "global inflation" and "China's stability". From the perspective of five-year and 10-year cycles, China's average inflation rate is also around 2%, achieving the 2% inflation target pursued by major economies for a long time. It seems easy but difficult to keep the price rise at a low level. The key to achieving this commendable achievement is that we have always adhered to the fundamental position of putting the people first, insisted on stabilizing prices as an important goal in macro-control, focused on strengthening the construction of the production, supply, storage and marketing system of food and energy, and focused on strengthening the price control of important livelihood commodities and major commodities. At the same time, the effective implementation of a prudent monetary policy and the adherence to the principle of "flood irrigation" have laid a solid foundation for the stable operation of prices. Looking forward to the whole year of 2023, the price operation still faces some unstable and uncertain factors. The target of price increase of about 3% takes into account the fact that China's price increase is relatively low in the past two years, as well as the inflationary pressure of import and the possible upward pressure brought by the recovery of domestic demand. On the whole, the stable operation of China's prices still has a solid foundation. China has the most complete industrial system in the world and the most potential domestic demand market advantage, strong economic resilience, large market space, and rich policy toolbox, especially the continuous bumper harvest of grain production, sufficient pig production capacity, strong basic energy security, and abundant supply of industrial and agricultural products and services. With the overall improvement of economic operation, the recovery of business entities is accelerated, the supply chain of the industrial chain is more circularly smooth, and the positive factors conducive to the stable operation of prices are increasing. In addition, China's mechanism of ensuring supply and price stability is more complete, means are more abundant, and policies are more precise. In recent years, we have accumulated a lot of successful experience in ensuring supply and price stability of important livelihood commodities. We are fully qualified, capable, and confident to continue to maintain the stable operation of prices. Price is not only a "barometer" reflecting economic operation and development, but also a "thermometer" measuring people's well-being. In 2023, we should continue to highlight the work of stabilizing prices, grasp the balance between stabilizing growth and preventing inflation, focus on ensuring the supply and price of food, energy and important raw materials, and do everything possible to keep the "rice bag" and "vegetable basket" of the people; We will closely track the overall price level and changes in the prices of important commodities, and strengthen price monitoring and supervision. At the same time, we should strengthen the support of the people in need, and effectively alleviate the structural price rise in a timely manner