[Case Study 3]

Yanzhao Evening News reported, on May 28th, 2007, that the Vehicle Cleaning Committee of Shijiazhuang City Appearance and Environmental Hygiene Association issued a unified pricing guideline for Shijiazhuang's motor vehicle cleaning industry to safeguard the interests of vehicle cleaning businesses and regulate the …
     

[Case Study 2]

A catering company put up a banner on its premise saying "One gift for one purchase at noon and one gift for two purchases in the evening", but did not indicate the name and quantity of the complimentary products. After the customer consumed a catty of beef, only a dish of mutton with lower value was given as …
     

[Case Study 1]

A store in Henan Province sold refined sugar in bags, indicating a weight of 1000 grams per bag. However, the actual weight of each bag was only 75 grams, and the quantity did not match the price. Which form of price fraud should such act be classified as?Reference answers:It is a price fraud where quality or quantity …
     

Legal liabilities of business operators

(I) Legal liabilities of business operators(1) Civil liability: The illegal pricing acts of business operators damage not only the social and economic management order but also the interests of other business operators and consumers. Illegal pricing acts constitute tort in civil law, and civil liability should be impose…
     

Price Supervision and Inspection

Price Supervision and Inspection(I) Inspecting authoritiesThe pricing authorities of the people's governments at or above the county level shall supervise and inspect pricing activities in accordance with the law, and impose administrative penalties on pricing acts that violate the Pricing Law.(II) When conducting p…
     

Means of Macroeconomic Regulation of Prices

Means of Macroeconomic Regulation of Prices(I) Significant goods reserve system and price regulatory fundIt is an economic means by which the government regulates and manages prices. Significant goods refer to commodities that have a significant impact on the national economy and people's livelihood, often experienc…
     

Procedures for Government Pricing Acts

The Procedures for Government Pricing Acts(I) Basic requirementsPrice and cost surveys should be conducted, and the opinions of consumers, business operators, and relevant parties should be sought.(II) Price hearing systemArticle 23 of the Pricing Law states that when establishing government referential pricing and gove…
     

Basis for Government Pricing Acts

(I) Pricing catalogA pricing catalog is a written document that defines and divides pricing powers, and contains product varieties and service items, pricing content, pricing authority, pricing form and scope, etc. Pricing catalogs are classified as central and local pricing catalogs.(II) Basis for formulating governmen…
     
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Robert Zhang

An international lawyer registered in Shanghai, China. Master's degreePublish…

Steve Li

An international lawyer registered in Shanghai, China. Master's degreePublish…
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