(Summit No. 280 of 17 April 2014, issued by the Government of the People's Republic of 10 April 2014, No. 280 of the Order No. 280 of 17 April 2014)

Article 1 ensures the timeliness, accuracy and authenticity of price monitoring information and plays an important role in price monitoring in macroeconomic regulation and price management, in line with the People's Republic of China price law and relevant laws, regulations and regulations.

Article 2

The price monitoring referred to in this approach refers to activities undertaken by government price authorities to track, collect, analyse, forecast, early warning, reporting and publication of important goods and services.

Article 3. Governments of the urban, district and district (utonomous districts) should strengthen their leadership in price monitoring, include price monitoring requirements in the same-level fiscal budget, and guarantee smooth implementation of price monitoring.

Article IV. The Government's price authorities are responsible for the monitoring of prices within this administrative area.

Relevant sectors such as agriculture, commerce, transport, education, health, finance, business and industry, within their respective responsibilities, cooperate with price monitoring.

Article 5 Government price authorities should strengthen price monitoring information systems, facilitate access to information and establish price monitoring information platforms.

Government price authorities should strengthen information communication and share information in the relevant sectors.

The units and individuals involved in price monitoring should be in line with the Government's price authorities in terms of price monitoring, such as real provision of price-related information.

Government price authorities can recognize and reward units and individuals that have achieved significant performance in price monitoring.

Article 7.

The city's Government's price authorities may complement the types of important goods and services as required.

Article 8

People's Government price authorities in the district (Autonomous Region) may establish complementary price monitoring projects and standards, in line with the national and current market price monitoring reporting system, in conjunction with the sector (Autonomous Regions), and report to the Government's price authorities.

Article 9 Government price authorities organize price monitoring and should be conducted in accordance with projects, standards, methods, time and procedures set out in the price monitoring reporting system.

Article 10. Price monitoring includes conventional monitoring, emergency monitoring and special investigations.

Conventional monitoring is based on the regular collection, presentation of price-related information through price-monitoring units; emergency monitoring, specific surveys are based on price-monitoring units or a one-time or phase-based data collection, presentation of price information.

Article 11 Government price authorities should choose, in accordance with the price monitoring reporting system, relevant units with good reputation and industry representation, to carry out price monitoring as price monitoring units.

Government price authorities should issue price monitoring orders to price-monitoring units and inform society.

Article 12: The price monitoring point unit shall comply with the following provisions:

(i) Identify special or part-time bidders;

(ii) Information on the timely, accurate and genuine delivery of prices;

(iii) The establishment of a price monitoring desk;

(iv) Timely reporting to government price authorities when the prices of goods and services operated were found to be unusually volatile.

Article 13. The following rights are enjoyed by the price monitoring point unit:

(i) The average level of goods and services that are monitored in the present administrative region;

(ii) Access to free operational training by government price authorities for bidders;

(iii) Access to the necessary equipment provided by government price authorities;

(iv) receive appropriate subsidies from government price authorities.

Article 14. The price monitoring point unit is not adapted to the needs of price monitoring due to production, operation adjustments and other reasons, and government price authorities should reclaim the price monitoring points and inform society.

Article 15 Government price authorities should review, verify, summarize and submit price-related information to the Government of the people at this level, as required by the price monitoring system.

Article 16 Government price authorities should establish and improve price emergency response monitoring mechanisms and develop price emergency monitoring scenarios.

In one of the following cases, government price authorities should implement emergency monitoring in a timely manner:

(i) A greater volatility in prices of important goods and services;

(ii) Probleming and buying a certain category of commodities;

(iii) Others should implement price emergency monitoring.

Government price authorities implement emergency monitoring and should send emergency monitoring information to the Government and the Government's price authorities in a timely manner.

The circumstances set out in paragraph 2 of this article disappear and government price authorities should cease emergency monitoring.

Article 17 Government price authorities may carry out specific investigations against prices of goods and services according to price management needs.

Specific investigations should be carried out and specific work programmes should be developed to determine the content, target and specific modalities of the investigation and to form a dedicated survey report to the Government of the population and the top-level government price authorities.

Article 18 Government price authorities should conduct an integrated analysis of price monitoring information obtained in conventional monitoring, emergency monitoring and specialized surveys, form price monitoring reports, and report regularly to the current people's governments and high-level government price authorities.

The price monitoring report includes the following key elements:

(i) Monitoring changes in prices of goods and services;

(ii) Costs associated with price monitoring of goods and services and changes in market supply;

(iii) Projected, early warning of price trends in goods and services monitored;

(iv) Impact of price policies on the market and a response;

(v) Response to policy and measures recommendations;

(vi) Other cases relating to the monitored price of goods and services.

Article 19 Government price authorities have established a price monitoring expert chamber system, inviting experts to analyse market changes in a timely manner, forecasting prices.

Article 20 Government price authorities should establish sound price monitoring early warning networks to enhance the analysis of price monitoring information, forecasting, timely detection of trends such as price volatility, smart issues and accurate forecasting of early warning.

Early warning information should be made available to the community by the city's Government's price authorities, and early warning information should be presented with the consent of the Government.

Article 21 Government price authorities should establish a price monitoring inspection system.

The price monitoring survey should be closely coordinated and coordinated with the daily price monitoring process.

Article 2 Government price authorities should establish a system for price monitoring information dissemination, which is legally disseminating information on critical prices of goods and services to society.

Monitoring information at prices that are confidential or commercial secrets of the State shall not be issued outside.

The price monitoring officer of the Government price authorities should obtain a price monitoring survey certificate issued by the Government's price authorities and offer a price monitoring survey in the event of price monitoring.

The price monitors should comply with the following provisions:

(i) Not to contain information on reports, retreats or forfeitures and price-monitoring;

(ii) No information shall be disclosed for monitoring at the price that belongs to national confidentiality or commercial secrets;

(iii) Not to use price monitoring information for activities other than price monitoring;

(iv) Not affect the normal working order of the monitoring unit.

Article 24, in violation of article 6 of this approach, provides that units and individuals involved in price monitoring refuse to cooperate or refuse to provide information that affects price monitoring efforts, are being converted by government price authorities, and that the period of time has not been changed could be fined by 1000.

Article 25, in violation of article 12 of this approach, is one of the following acts by the price-monitoring unit, which is being restructured by the Government's price authorities; and is not later rectified to inform it:

(i) No dedicated or part-time requisitioner;

(ii) The lack of timely, accurate and real presentation of price-related information;

(iii) The absence of a price monitoring desk;

(iv) The absence of timely reporting to government price authorities on the volatility of their commodity or service prices.

In violation of the provisions of paragraph 2 above, a fine of up to $50 million could be imposed.

Article 26, in violation of article 23 of this approach, provides that the Government's price authorities have one of the following acts, which are lawfully disposed of by law; the alleged offence is transferred to the judiciary.

(i) Expropriation of information on reports, retreats or forgery and forging of price monitoring;

(ii) Disclosure of information to be monitored at the price of national confidentiality or commercial secrets;

(iii) Use price monitoring information for activities other than price monitoring;

(iv) Impact on the normal working order of the monitoring unit.

In accordance with the work needs, the Government's price authorities may entrust social brokers with price monitoring.

The price monitoring by socially intermediary organizations entrusted should comply with the relevant provisions of the scheme. The law, legislation and regulations provide otherwise, from their provisions.

The twenty-eighth approach is implemented effective 1 July 2014.