ABSTRACT

I have read Price Control Regulations twice, and have some different opinions regarding the basic principles underpinning the document. I understand that The Regulations have been approved by the State Council in principle, so my proposal for signifi cant revision may seem inappropriate. Nevertheless, I make bold to give

my opinion since the document is really too important. It will lay a foundation for

the future Price Law, and may mislead price control offi cers across the country if its principles are wrongly laid down.