China Ends Price Controls on More Goods and Services

Reform continues.
China frees prices of commodities, services in fresh reforms

The NDRC announcement showed that prices of railway bulk cargo, parcels and privately-funded cargo and passenger transport had also been allowed to freely float.

Among others in the latest reforms, prices of domestic air cargo, passenger transport of some airlines, port service fees, such as fees on container loading, ship rubbish treatment and water supply, were also allowed to be set by the market.