China-Price Guidelines Advance 'Deep Reforms'

摘要

·China commits to lifting price controls in competitive sectors by 2017 under new guidelines·Reforms focus on monopolistic sectors,public sector and heavily subsidised sectors·Price reforms send a strong signal of accelerating deep reformsMost remaining price controls to be lifted by 2017China recently announced a new round of pricing reforms and set a timetable for revamping the country’s pricing mechanism.Price controls for most goods and services in com-