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Author:Wang, Xueqing
Chu, Jinfen
Title:Opinions on issues concerning the decreasing prices of commodities (original in Chinese)
Journal:China Price (c)
1999 : 12, p.13-16
Index terms:PRICE LEVEL
PRICES
CHINA
Language:chn
Abstract:Over the past two years, the general level of prices of commodities presented a falling tendency, which is the outcome of the following aspects. Firstly, it is sound regress, namely, higher level prices of commodities returned to lower level prices of commodities. Secondly, prices determined by government change to prices determined by markets. Thirdly, essential changes have taken place in terms of demand-supply situation. In not only has advantages for structural adjustments, but also for the development of competition. However, more attentions should be paid to the impacts of the falling prices of farm goods on the overall economy.
SCIMA record nr: 209561
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