(Adopted by Decree No. 118 of 29 July 2012 by the People's Government Order No. 118 of 29 July 2012 and published as of 1 October 2012.

Chapter I General

Article 1 provides for the collection, use and management of the price regulation fund, the full use of economic instruments to regulate markets, stabilize important commodity prices that are closely linked to the production of life by the people, guarantee basic life of the population, in accordance with the relevant laws, regulations and regulations such as the People's Republic of China price law, the Fore Province price management regulations.

Article 2, this approach applies to the collection, use and management of the price regulation fund within the territorial administration.

Article 3. The price regulation fund referred to in this approach refers to the establishment by law of more than the people at the district level, dedicated to the regulation of funds for major commodity prices that are closely linked to the people's production.

Article IV quantification, use and management of the price adjustment fund should be guided by the principles of coherence, necessity and transparency.

Article 5 Governments of more people at the district level should strengthen their leadership in the work of the Facility. The Government should strengthen the guidance, inspection and supervision of the work of the lower-level people's Government on price regulation.

Article 6. The Government's price authorities at the district level are the competent authority of the Price Adjustment Fund, which is responsible for the integrated use of the price adjustment fund with the relevant sectors such as UNCTAD, and for the day-to-day management; local tax authorities are responsible for the use of the price adjustment fund; and the financial sector is responsible for the budgetary arrangements and financial management of the price adjustment fund. Monitoring, auditing, financial sector supervision of the collection, use, management of the price regulation fund; and other sectors contribute to related work.

Chapter II

Article 7. In addition to a proportion of the local financial budget arrangements as a price adjustment fund, the Government of the more than the population at the district level has sought the price adjustment fund in the form of social collection.

Article 8 projects and standards for provincial price regulation funds are:

(i) A total of 0.08 per cent of the revenue earned on the sale of manufactured oil in the province-wide manufacture industry;

(ii) The use of provincial power networks by 0.08 per cent of the revenue from electricity sales;

(iii) The whole province natural gas congested by 0.08 per cent of the natural gas proceeds;

(iv) All provincial basic telecommunications operators are charged by 0.08 per cent of their telecommunications business income;

(v) Other projects and standards approved by the Government.

In accordance with the preceding paragraph, the price regulation fund was determined by the provincial Government's price authorities to make specific payments and to make it public.

Article 9. Projects and criteria for market, district-level price regulation funds are:

(i) A non-public interest project for government pricing, government guidance prices was collected by 0.1 per cent of the amount of business;

(ii) The construction industry is levied by 0.1 per cent of its business;

(iii) The recreation industry is charged by 1 per cent of the amount of business;

(iv) The catering industry is charged by 1 per cent of the amount of business;

(v) The accommodation industry is charged by 1 to 2 per cent of the operating amount;

(vi) Other projects and standards approved by the Government.

In the context of the projects and standards set out in the preceding paragraphs, the Government of the people of the city, the district (zone) has identified specific projects and standards and made public available to society.

Article 10. The scale of the price regulation fund should be adapted to the economic, social development and market price regulatory needs. The provincial people's Government may decide to put an end to the collection of projects or adjust the standards and make them public.

Article 11

The paying obligation of the price adjustment fund shall be paid in full by month and may be paid in advance.

Article 12, paragraph 1, of the Convention on the Elimination of All Forms of Discrimination against Women

(i) Significant economic losses caused by major epidemics, major natural disasters, major public emergencies or other force majeure effects;

(ii) Other circumstances specified by the Government of the people at the district level.

Article 13 applies for the payment, reduction or non-payment of the price adjustment fund, and the payment of the obligation shall be submitted to the local government price authorities for the payment, reduction or non-contributory application, including the name, reason, the related financial statements, and the amount and time of the application for the payment, reduction or release.

Article 14. The Government's price authorities at the district level shall make decisions to be admissible within five working days from the date of receipt of the application and shall be inadmissible. The request for material should be supplemented by a one-time notification and an extension of the deadline, which would not be completed within the time period of admissibility, and should be considered to be abandoned.

For more than 20 working days from the date of receipt, the government price authorities at the district level should advise the financial sector for approval. Unauthorized, no payment, reduction or non-payment of the price adjustment fund shall be suspended.

Article 15. After the expiry of the period of time, the payer shall pay the price adjustment fund in full within 10 days of the expiration of the period; the period of relief shall be restored in full from the date of the expiration of the term.

Chapter III Use

The following cases may be used for price regulation funds:

(i) Provide producers, appropriate subsidies for operators and loans for abnormal fluctuations in important commodity prices that are closely linked to people's production;

(ii) To grant dynamic price subsidies to low-income groups that affect basic life due to significant increases in commodity prices that are closely linked to the production of life by the people;

(iii) In the case of major epidemics, major natural disasters, major public emergencies or other force majeures, grant temporary subsidies to producers, operators of major commodities that are severely affected by mass production;

(iv) Provide appropriate subsidies, loan breaks, etc. for the regulation of prices, stabilization of markets, reserves, circulation and production base, construction of price stores, and construction of essential commodities that are closely linked to people's production;

(v) Support policy insurance for important agricultural products;

(vi) Support the strengthening of market information monitoring, publication, and other constructions that are conducive to the regulation of prices, stabilizing markets, and improving price regulatory capacity;

(vii) In other cases where the Government of the people at the district level is used to regulate the price and stabilize the market.

Article 17 The price adjustment fund should be used primarily to support the reserves, circulation and production base, the construction of the price stores, and a certain percentage of the annual retention of the market prices resulting from sudden emergencies, major natural disasters, major public events or other resilient effects.

More than 18 per cent of the Government's price authorities should propose, with UNCTAD, an overall programme for the annual use of the price regulation fund, to be delivered to the financial sector for the preparation of the annual income and expenditure budget, to be approved by the same-level people's Government and implemented after the consideration of the General Assembly by the same-level people.

Article 19 Government price authorities at the district level and the UNCTAD sector should propose specific programmes for the use of the price adjustment fund, in accordance with the overall programme arrangements.

Specific programme elements include use, justification, level of use and specific operational approaches.

Article 20

Article 21, the use of units shall be strictly consistent with the approval of the use of price adjustments funds to fulfil their obligations to ensure stable markets, price parity, such as local supply, implementation of the Consultative Guide price, accounting for the application's price adjustments fund and timely reporting to local government price authorities or the trading sector.

In article 22, the provincial price regulation fund is mainly used for provincial-level market price management and inter-regional balance, mediation. The adaptation programme is developed and implemented by the provincial people's government prices, UNCTAD and the financial sector.

Chapter IV Management

Article 23 should be paid in a timely and full manner, with the introduction of two line managements of income and expenditure, integrated planning, earmarked funds and roll-out.

The Government of the people at the district level may not use the price adjustment fund to balance the current financial budget.

Article 24 provides for a proportion of the cost-adjustment costs per year from the Price Adjustment Fund, with a specific proportion of the people at all levels.

Article 25

Article 26

Article 27 Governments of more than the population at the district level should strengthen the supervision and management of the price regulation fund. The audit department should conduct an annual audit of the balance of payments of the Price Adjustment Fund with the inspectorate and report on the audit results to the same level of government.

Article 28 Obligations to pay the price adjustment fund, the use unit should actively cooperate with the relevant sectors, such as the Government price authorities, to verify that, if any, the relevant circumstances and materials are provided, they shall not be denied the provision or misstatement, concealment, false reporting.

Article 29 provides that citizens, legal persons or other organizations are entitled to report, prosecute and regulate violations committed in the administration of price funds.

Chapter V Legal responsibility

Article 33 presents one of the following conditions for the payment of obligations to the price adjustment fund, which is corrected by the authorities of the people at the district level and which are still unprocessarily late, and the authorities of the people at the district level apply to the People's Court for enforcement by law:

(i) In violation of article 11 of this approach, the payment of the price adjustment fund in full is not made;

(ii) In violation of article 15 of this approach, the payment of the price adjustment fund has not been paid in full on time after the expiry of the period of payment or relief;

(iii) The price adjustment fund pays its obligations by deceasing, deducting or distributing the price-administering fund, which is submitted by the Government's price authorities at the district level for approval by the Government of the same people for the withdrawal of the payment, reduction or non-payment of decisions, and rejects the payment of the price adjustment fund in full.

Article 31: The Government of the people at all levels and the relevant authorities should be responsible for the reform of the administration and the refund of the distributor to the person responsible for direct responsibility and other direct responsibilities, in accordance with the law; constitute a crime and hold criminal responsibility under the law.

Article 32 states that the relevant sectors of the people at all levels are self-appropriated, intrusive, interceptive, non-commissioned in a timely manner, and that the same-ranking Government should be accountable for the administrative responsibility of those responsible for direct responsibility and other direct responsibilities, in accordance with the law; that constitutes a crime, and be criminalized by law.

Article XIII contains one of the following conditions for the use of the price regulation fund, where local government price authorities or the trade sector should recover the payment of the price adjustment fund and eliminate its eligibility for the use of the price adjustment fund for two years:

(i) The use of price adjustment funds by deceasing, etc.;

(ii) No strict compliance with the approval of the use of the price adjustment fund;

(iii) Non-fulfilment of stabilization market obligations, such as local supply;

(iv) The non-implementation of the obligation to price equivalence such as the guiding price for consultation;

(v) Not in line with sectoral verification, such as price supervisors, refusing to provide or misleading, concealment, false reporting and material.

Article 34 quantify, use, management of personnel engaged in price regulation funds, misappropriation, provocative fraud or abuse of their functions by law, and criminal responsibility is held by law.

Annex VI

Article 55 of this approach is implemented effective 1 October 2012.