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Friday, October 12, 2001, updated at 23:11(GMT+8)
Business  

China Sets Goals for Future Market Rectification

China will examine the building industry, the power price in rural areas, land-use and house-building fees, and the cotton and sugar markets, to try to sort out the chaos in the current market.

Wang Yang, vice-minister in charge of the State Development Planning Commission, made the statement on Friday at a teleconference on redressing disorders in the current economic market.

He said since the State Council called for market reform, pricing and planning administrators at all levels have made progress in dealing with violations of the law, unfair prices, charges of unreasonable fees, and important construction projects.

Their work has helped relieve people's difficulties, and spurred the growth of domestic demand and economic development, Wang added.







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China will examine the building industry, the power price in rural areas, land-use and house-building fees, and the cotton and sugar markets, to try to sort out the chaos in the current market.

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