日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
China / Society

Market will now determine tobacco prices

By LAN LAN (China Daily) Updated: 2015-01-05 07:23
Market will now determine tobacco prices

A man smokes a cigarette near a no-smoking sign in Huai'an, Jiangsu province, on Nov 25, 2014.[Photo/IC]

Crop was the last agricultural product whose procurement costs were government-regulated

China has announced that procurement prices for tobacco leaves will now be set by supply and demand, in a country where one-third of the world's cigarettes are consumed but where sales of high-end cigarettes have dropped during the recent corruption crackdown.

The National Development and Reform Commission and China Tobacco Co released a notice to relax procurement prices on more than 160 types of tobacco leaves, which had been the last agricultural product under pricing regulation in China.

With the action, the prices of all of China's agricultural products have been liberalized since the country began relaxing procurement-pricing regulation on most agricultural products, including pork, cotton and grain, over the past three decades.

Tobacco companies are now allowed to independently set procurement prices on tobacco leaves based on companies' revenues and demands, instead of purchasing the leaves at prices set by the government, according to a government statement.

"Tobacco companies have formed long-term common interests with tobacco farmers, and it will be more reasonable to allow them to set prices," said Wang Shengmin, an official of the NDRC's price department.

Annual production of leaf tobacco in China is around 2.5 million metric tons per year, with a total value of less than 100 billion yuan ($16.1 billion), he said.

"Leaf tobacco only accounts for a very small portion of China's agricultural market, and the relaxation won't cause much fluctuation of cigarette prices, as the cost of tobacco leaves usually accounts for about 5 to 10 percent of the final products," said Wang.

China's corruption crackdown has also greatly affected the consumption of expensive cigarettes and liquors, industrial analysts said.

Li Guoxiang, a researcher with the Chinese Academy of Social Sciences, said the government-dominated pricing system led to high inventories and overcapacity in leaf tobacco output.

While the market mechanism will help establish reasonable prices, observers note that the tobacco companies need to build a bidding mechanism or set up regular order-placing meetings with tobacco farmers to keep the average price of leaf tobacco stable and protect the interests of farmers, most of whom live in poor areas.

While China has lifted controls on agricultural products, the government has also adopted supplementary methods such as setting minimum purchasing prices for key crops such as rice and wheat and adopting temporary purchase and storage for products such as corn and rapeseed to protect the interests of farmers.

Highlights
Hot Topics
...
主站蜘蛛池模板: 日韩日日夜夜 | 黄页网站免费在线观看 | 久久精品99久久久久久 | www.日韩av | 91在线小视频| 美女午夜视频 | 日本色午夜 | 婷婷视频在线观看 | 亚洲一区二区免费视频 | 天堂一区| 中文字幕在线视频网站 | 国产激情一区二区三区 | 中文字幕精品视频在线观看 | 国产视频自拍一区 | 久久精品视屏 | 色猫咪av| 69精品国产 | 日韩av一区二区在线播放 | 日日舔夜夜摸 | 肉大捧一出免费观看网站在线播放 | 亚洲高清久久 | 91网站入口 | 国产四虎 | 五十路在线视频 | 午夜爱爱影院 | 激情综合网激情 | 免费黄色网址大全 | 国产精品麻豆免费版 | 伊人精品在线 | 国产精品久久一区二区三区 | aaa日韩| 久久久久一区二区三区四区 | 日韩色婷婷 | 亚洲无线视频 | 伊人网综合在线 | 日韩成人av网站 | 欧美一二区视频 | av在线免费观看网址 | 久久99精品波多结衣一区 | 91在线公开视频 | 日本欧美国产 |