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BLOG: Beijing releases pricing index scrutiny guidelines


China's National Development and Reform Commission (NDRC) has publicized the detailed draft guidelines for related regulatory bodies to effectively scrutinize the operations of pricing index providers of key commodities so as to "nurture an orderly and healthy development for such pricing indices", according to a notice shared by NDRC's Department of Price on October 25.
The scrutiny guidelines, seemingly with immediate effect, will be applicable to all the pricing indices that are either China-related, relying on the data collected in the Chinese market, or being of great influence on China's domestic commodities or service industry, according to the 12-page attachment in the notice. The link


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