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New price setting mechanism on cards

Summary by Ecns

China is set to optimize the price governance mechanism, with the primary aim of empowering market forces to play a more decisive role in price formation, while promoting efficient allocation of resources to serve the construction of a unified national market.

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iChongqing

China Issues New Guideline to Strengthen Price Governance Mechanism

Customers select products at a supermarket in Zaozhuang, east China's Shandong Province, Jan. 9, 2025. (Photo/Xinhua) Beijing - China has unveiled a guideline to further deepen price reform and improve the price governance mechanism. The guideline was issued by the General Office of the Communist Party of China Central Committee and the General Office of the State Council. It aims to improve the market price formation mechanism to promote effici…

3 days ago

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