Brill’s Encyclopedia of China

Get access

Price System
(1,729 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was an all-encompassing system of state-imposed fixed prices, the state has, over the course of the years of reform, withdrawn more and more from the process of price setting and has by now largely handed it over to vendors an…

Cite this page
Bohnet, Armin, “Price System”, in: Brill’s Encyclopedia of China, Managing Editor English Edition: Daniel Leese. Consulted online on 09 February 2023 <>
First published online: 2008
First print edition: ISBN: 9789004168633, 20121018

▲   Back to top   ▲