China Public Product Price Control

Author: Ren Junsheng
Publisher:
Publish Date: 2002-01-01
Features: The book "China's Public Utility Price Control" was revised by Ren Junsheng based on his doctoral dissertation. It is now included in the "China State-Owned Economy Research Center Series" and published by the Economic Management Press. We hereby express our congratulations. Public utilities belong to the basic infrastructure industry products that are vital to the national economy. As a specific type of quasi-public goods, their price formation exhibits distinct characteristics. Since the reform and opening-up, China's price reforms have primarily focused on the field of private goods prices, establishing a market-based pricing mechanism. However, regarding public utility prices, the reform has lagged behind. As the market scope of several public utility sectors begins to enter the process of economic globalization, they will inevitably face fierce competition.