James A
((1)
The: A
ices
icus in Chine:
plamzad pricot get 17 the Chate
Price ureate (SPB) or by spreadicea
ministries with SPL's approval. Since 1979,
the power to set prices for
Commodities
has been delegated to local goverment
levels. GoverLER ht planned prices now apply to heavy industrial products, raw materials, electricity, on, coal, some building
materials, public utility services and Some agricultural products.
(b) Plouting prices
Since 1979, pi ices for SOMO CORmodities have
been allowed to loat around their planned prices within a certain range. Floating prices now apply to some machinery items, agricultural products like eggs and
vegetables, electrical goods and many light industrial products.
(c) Market prices
These are prices set by enterprises according
to supply and demand criteria. Many
agricultural products and light industrial products are now marketed freely.
G.F. 326
CONFIDEIUSTIAL ##
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