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CIRCULAR OF THE NATIONAL DEVELOPMENT AND REFORM COMMISSION ON PROMULGATING THE CATALOGUE (THE FIRST BATCH) FOR THE SUPERVISION AND EXAMINATION ON COST PRICE OF MAJOR GOODS AND SERVICES
 
(No. 1384 [2003] of the National Development and Reform Commission promulgated on October 7, 2003 and shall come into force as of January 1, 2004)
     
     
SUBJECT : SUPERVISION AND EXAMINATION ON PRICE OF MAJOR GOODS AND SERVICES; FIRST BATCH
ISSUING DEPARTMENT : NATIONAL DEVELOPMENT AND REFORM COMMISSION OF THE PEOPLE'S REPUBLIC OF CHINA
ISSUE DATE : 10/07/2003
IMPLEMENT DATE : 01/01/2004
LENGTH : 693 words
TEXT :
We hereby promulgate the Catalogue (the First Batch) of the National Development and Reform Commission for the Supervision and Examination on Cost Price of Major Goods and Services in accordance with the relevant provisions of the Price Law of the People's Republic of China and the Interim Measures for the Supervision over and Examination on Cost Price of Major Goods and Services (Order No. 25 of the former State Planning Commission, hereinafter referred to the Measures for the Supervision and Examination on Cost), and make the following notice concerning the relevant issues:

I. The goods and services listed in the Price Catalogues of the Central Government shall be brought by batch into the Catalogue of the National Development and Reform Commission for the Supervision and Examination on Cost Price.

II. If the goods and services in the Price Catalogue of the Central Government have been listed into the Catalogue of the National Development and Reform Commission for the Supervision and Examination on Cost Price, the National Development and Reform Commission (or together with the relevant departments) shall organize the supervision and examination on the relevant cost of operators in accordance with the working procedures for the supervision and examination on cost price prescribed in the Measures for the Supervision and Examination on Cost. For those that have not been listed into the Catalogue of the National Development and Reform Commission for the Supervision and Examination on Cost Price, the National Development and Reform Commission (or together with the relevant departments) shall organize the investigation and examination on cost in light of the existing measures.

III. The National Development and Reform Commission may, in light of the economic development and the change in the methods of price management, make adjustment on the promulgated catalogue for the supervision and examination on cost price.

IV. The ˇ°Catalogue of the National Development and Reform Commission for the Supervision and Examination on Cost Price (the First Batch)ˇ± shall be implemented from January 1, 2004.


Attachment: The Catalogue of the National Development and Reform Commission for the Supervision and Examination on Cost Price of Major Goods and Services (the First Batch)


Attachment:

THE CATALOGUE OF THE NATIONAL DEVELOPMENT AND REFORM COMMISSION FOR THE SUPERVISION AND EXAMINATION ON COST PRICE OF MAJOR GOODS AND SERVICES (THE FIRST BATCH)

Serial Number 1
Items of Supervision and Examination: Cost for transmission and distribution of electricity
Forms of Supervision and Examination: Supervision and examination at fixed time and on price fixing and adjustment
Time Limit for Periodical Supervision and Examination: Two years

Serial Number 2
Items of Supervision and Examination: Cost of civil aviation transportation
Forms of Supervision and Examination: Supervision and examination at fixed time and on price fixing and adjustment
Time Limit for Periodical Supervision and Examination: Two years

Serial Number 3
Items of Supervision and Examination: Cost of railway transport
Forms of Supervision and Examination: Supervision and examination at fixed time and on price fixing and adjustment
Time Limit for Periodical Supervision and Examination: Two years

Serial Number 4
Items of Supervision and Examination: Cost of drugs priced separately
Forms of Supervision and Examination: Supervision and examination on price fixing and adjustment
Time Limit for Periodical Supervision and Examination:

Serial Number 5
Items of Supervision and Examination: The average training cost for students of institutions of higher education
Forms of Supervision and Examination: Supervision and examination at fixed time and on price fixing and adjustment
Time Limit for Periodical Supervision and Examination: One year

Serial Number 6
Items of Supervision and Examination: Cost of pipeline transport
Forms of Supervision and Examination: Supervision and examination at fixed time and on price fixing and adjustment
Time Limit for Periodical Supervision and Examination: Two years

Serial Number 7
Items of Supervision and Examination: Cost for water supply of water projects directly under the Central Government and over drainage areas
Forms of Supervision and Examination: Supervision and examination on price fixing and adjustment
Time Limit for Periodical Supervision and Examination:


Note: Where the supervision and examination on price fixing and adjustment has been made on the cost of an operator, no supervision and examination at fixed time shall be made in the same year.
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