(, Kang Xi February 24), March 22, 1979, China began the price system.

1979 March, China's price system, which is an important measure of China's economic reform.
reform in two stages. From March until the end of 1983 as the first stage, mainly to price adjustment, including grain, oilseeds, pigs and other 18 kinds of major price of agricultural products, improve the sales price of the eight kinds of meat, vegetables, and other major non-staple food, comprehensive adjustment textile prices, raise an important part of the raw materials, fuel prices. In 1984 the second phase, in different forms, varying degrees of price liberalization mainly include machinery products from January 1, 1984, the new policy first pilot priced according to quality, grading, production the data Price implement "dual track" large-scale liberalization of agricultural by-products prices in 1985, an appropriate increase in the short-distance railway passenger fares and freight price, began in late August 1986 release bike, black and white television sets, refrigerators and other industrial the prices of consumer goods, began in November and release the price of 749 kinds of small commodities in 24 categories, including household goods, the second half of 1987 began to open department stores, cultural Commodity price.
1987 9 11, the State Council issued the "the Price Management Regulations of the People's Republic of China", defined the current national price form, namely, national pricing, national guidance prices and regulated by the market, and provides enterprise in price the rights of management, given the corporate pricing power on the part of the price. (History today www.lssdjt.com)