Order of the National Development and Reform Commission on Releasing the Rules for the Pricing Activities of Governments (for Trial Implementation)

Order of the National Development and Reform Commission on Releasing the Rules for the Pricing Activities of Governments (for Trial Implementation)


Order of the National Development and Reform Commission on Releasing the Rules for the Pricing Activities of Governments (for Trial Implementation)

Order of the State Development Planning Commission of the People's republic of China No. 17

December 16, 2001

The Rules for the Pricing Activities of Governments (for Trial Implementation) has been formulated by our Commission according to the Pricing Law of the People's Republic of China for the purpose of standardizing the pricing activities of the government, making the pricing strategies of the governments more scientific and are hereby promulgated for implementation as of February 1, 2002.

Director of the State Development Planning Commission:Zeng Peiyan

Attached: Rules for the Pricing Activities of Governments (for Trial Implementation)
 
Article 1 The present Rules have been formulated on the basis of the Pricing of the People's Republic of China for the purpose of standardizing the pricing activities of governments and making the decision-making of the governments concerning pricing more scientific and transparent.
 
Article 2 The term "pricing activities of governments" as mentioned in the present Rules refers to the official business activities such as accepting applications, investigations, argumentations or hearings, examinations and approval, decision-making, public announcements, follow-up investigations, regular price reviews, etc. of the government departments of price affairs or other relevant departments (hereinafter referred to as "governments with price-setting power") in the process of setting or adjusting the prices of commodities or services subject to the government-guided prices, government-set prices.
 
Article 3 The present Rules shall be observed in the setting or adjusting of prices of commodities or services subject to government-guided prices or government-set prices; where there are otherwise provisions in laws or administrative regulations, such provisions shall be followed.
 
Article 4 The principles of fairness, impartiality and efficiency shall be observed in the setting or adjusting of prices.
 
Article 5 The government-guided or government-set prices shall, as a general rule, be set or adjusted rationally according to the factors such as the social average costs of commodities or services, the market situation of demand and supply, the demand of national economy and social development, the acceptability of the society, etc.
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