Since the 18th Party Congress, China's price reform has been pushed deeper and deeper. A few days ago, Han Jun, director of the Office of the Central Leading Group for Rural Work, said that the rice de-stocking policy is being studied, and the minimum purchase price of rice and wheat will be more flexible in the future, reflecting changes in market demand. According to the reporter's understanding, not only the price of agricultural products, more than 97% of the current prices of goods and services to achieve market regulation. The National Development and Reform Commission (NDRC) said that it will continue to promote price reform in the future, in which energy, agriculture, transportation, health care and other areas are still the focus of reform, and will further promote the enterprise to reduce the burden, stimulate the market vitality, and cultivate the development of new momentum.
The NDRC said that according to the principle of liberalization of all prices of goods and services with competitive conditions, so far, the central level has been liberalized and decentralized more than 80 government pricing projects, the government pricing is only limited to important public utilities, public welfare services and network-type natural monopoly links.
In the recent executive meeting of the State Council, it is clear that the next step in health care reform will improve the new mechanism for the operation of public hospitals, the use of institutional reforms to promote the construction of health care consortiums, and to focus on difficult and highly prevalent cancers to carry out special focus on the treatment of the key aspects of the research. On April 8 this year, Beijing more than 3700 medical institutions in the country to take the lead in the implementation of the "comprehensive reform of separation of medicine", reduce the price of drugs and large-scale medical equipment inspection, testing, surgery, nursing care, etc., the reform of a few months, the price of drugs fell by an average of more than 8%.
It is reported that since 2014, in addition to narcotic drugs and the first category of psychotropic drugs, drug prices have been liberalized by the market. At present, the drug markup in public hospitals has been completely canceled, and the reasonable income of hospitals thus reduced is compensated by adjusting the price of medical services by 80% to 90%. Through the reform, China's public hospitals compensation channels to fees for services and government subsidies for two channels, the end of more than 60 years of "medicine for medical" history, the initial establishment of a new system of scientific operation of public hospitals.
In the power, natural gas and other energy sectors, the reform of transmission and distribution prices for provincial power grids has been fully completed, with market-traded power accounting for about 23% of the power sold by grid companies. The price of natural gas for non-residential use has been rationalized, and the price of non-residential gas, which accounts for more than 80% of total consumption, is mainly formed by the market. The scientific and refined regulatory framework for the entire natural gas industry chain, including long-distance transmission, short-distance transmission and distribution, as well as transmission and distribution prices, has been basically established.
In terms of agricultural products, the reform of the price formation mechanism and storage system for important agricultural products has been underway for five years, and target price reforms have been implemented for cotton and soybeans in China, while temporary storage policies have been canceled for rapeseed and corn. The use of minimum purchase price system of rice and wheat is also studying the rice de-stocking policy, the future minimum purchase price of rice and wheat will be more flexible, reflecting changes in market demand.