The National Development and Reform Commission announced the "Measures for the Administration to Formulate Price and Cost Supervision and Examination"

On the 7th, the National Development and Reform Commission announced the "Measures for the Administration to Formulate Price and Cost Supervision and Examination", clarifying that all goods and services that require the implementation of hearings to establish prices must be subject to cost supervision and examination.

The relevant person in charge of the Development and Reform Commission said that this method was formulated to improve the scientific nature of the price decision of the government price department and standardize the cost supervision and examination behavior.

Cost supervision and examination refers to the behavior of the government price department in determining the pricing cost based on the investigation, measurement and auditing of the operator's cost in the price process. The pricing cost refers to the average social reasonable expenses for the production or operation of the same kind of goods or the provision of the same kind of services by the operators in the country or within a certain range, which is the basic basis for the government to set prices.

The measures stipulate that the cost supervision and examination implements catalog management. All goods and services listed in the price hearing catalogue and those that are not included in the price hearing catalogue but need to be heard are automatically included in the cost supervision and examination catalogue.

The method is clear, and the cost supervision and examination system is implemented by combining the pre-price supervision and the regular supervision and examination. If the goods and services listed in the cost supervision and examination catalogue are not subject to cost supervision, the competent government price department shall not set the price.

The specific work of cost supervision and examination shall be organized and implemented by the cost investigation agencies of the price authorities at all levels. The cost investigation agency will implement cost supervision and examination for operators who produce or operate the same kind of goods or provide the same kind of services. If the number of operators is large, the cost investigation agency may select a certain number of representative operators to implement cost supervision and examination. The operator shall accurately record and calculate the production and operation costs of goods and services, and shall not resort to fraud.

The "Measures for the Administration to Formulate Price and Cost Supervision and Examination" will be implemented on March 1 this year.

The authenticity of this information has not been confirmed by the international electrical network, for your reference only.
From: Xinhuanet

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