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13 Commodities Remain under Government Pricing Control

Wang Yang, Vice-Minister of the State Development Planning Commission, defined the items as important centrally reserved material, products under state monopoly, certain chemical fertilizers, certain important medicines, education material, natural gas, water supply by central or cross-province water conservancy works, power, military products, important transportation service, basic postal service, basic telephony service, special service, etc.

Besides, fees charged by governmental agencies, oil products, urban land are still regulated according to the existing rules. In the future, reforms will be taken to improve the pricing formation mechanism.

(Agencies 07/11/2001)

China Moves Away From State Control of Power Plants
State Lowers Profit Margin for China’s Oil Companies
Pricing Regulations Revised to Secure Fair Competition
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