Price System
(1,731 words)

Since 1978, China has fundamentally changed its price system. Where formerly there was an all-encompassing system of state-imposed fixed prices, the state has, over the course of the years of reform, withdrawn more and more from the process of price setting and has by now largely handed it over to ven…

Cite this page
Bohnet, Armin, “Price System”, in: Brill’s Encyclopedia of China, Managing Editor English Edition: Daniel Leese. Consulted online on 17 December 2017
First published online: 2008
First print edition: ISBN: 9789004168633, 20121018



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