TNAG-1457-FCO40-1981-Relations-between-Hong-Kong-and-China-1986 — Page 214

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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 ##

O

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