Tuesday, November 18, 2014
Price Reform Should Obey a "Concrete" Mechanism
ANBOUND
The orderly operation of market economy is inseparable with the guiding of price signals. ANBOUND think tank scholars state that price reform, a tough fight, is already at the point of no return and all the desirable conditions for "time window" and interest group reduction are in their places. But pricing power transfer to the market is not the single objective of this reform, which should also aim at, above all others, actively setting up a “concrete” pricing mechanism.