China's top economic planner began yesterday to solicit public opinions on a
revised draft regulation aimed at improving the transparency of public hearings
on price setting.
The number of consumers is required to be no less than one third of the total
attendance in a public hearing on price setting, according to the revised
version released on the website of the National Development and Reform
Commission on Monday.
The current regulation has no lower limits on the share of consumers in a
public hearing on prices.
In addition to a price setting plan, a report on the cost of prices is also
demanded from the price fixer, which is newly added to the regulation.
The draft regulation also states for the first time public hearings must
allow media coverage and the presence of observers.
Government staff who neglect their duty, abuse power or cheat in the
organization or proceeding of the hearings will be punished, with criminal
penalties for those serious cases, said the draft.
"The public hearing system for prices has played a big role in making the
government's decision making on prices more scientific, democratic and
transparent," said the commission. "But it has also exposed some problems in
practice as it is a new thing in China and needs improvement."
China started to carry out its first regulation on public hearings on price
making in 2001, which stipulated that prices of electricity, railway and flight
tickets, among others, like should be determined after a hearing. The latest
revised version would solicit public opinions till July 23.
Beijing held a public hearing on July 2 on the cost of the city's new metro
linking the city proper with the airport. A hearing was also held on charging
over plastic bags in supermarkets after China decided to ban free plastic
shopping bags on June 1.