Special Reports
Top legislator's four-nation visit fruitful
Indonesian quake death toll tops 4,600
China moves to curb rising drug prices
www.chinaview.cn 2006-05-31 20:04:12

    BEIJING, May 31 (Xinhua) -- China's drug producers are now required to print the recommended retail prices on their packaging, which is one of the country's efforts to halt soaring drug and medical service prices.

    The new policy was issued Wednesday in a circular by the National Development and Reform Commission, the Ministry of Health and six other government departments.

    The circular says the government will readjust the fixed drug prices and tighten its supervision of prices determined by the market.

    In an experimental measure, some of the drugs will have their prices fixed by the government at the factory gate.

    The government will also seek to readjust the prices for medical services and standardize the services of hospitals.

    Major public hospitals will be banned from selling drugs at prices 15 percent higher than their purchase prices.

    Soaring drug and medical service prices have become a major social problem in China in recent years. The government has made efforts to improve the situation, but with little success. Enditem

Editor: Mo Hong'e
E-mail Us Print This Article
Related Stories
President Hu vows to cement China-Arab co-op
Hamas offers Israel conditional long-term truce: spokesman
Iraqi PM declares state of emergency in Basra
Premier calls on whole society to help handicapped children
Top legislator's four-nation visit fruitful
Henry Paulson named new U.S. Treasury chief
U.S. TV workers killed in Iraq
Children face same conditions as adults at Guantanamo
Uribe set for victory in Colombia's presidential election
PFLP decides to join Hamas-led cabinet
China, Russia monitor water quality in border areas
Effective measures urged to quench forest fires
Judiciary takes action to close legal loopholes
China, Arab states share extensive interests: FM
Top legislator returns to Beijing after European visits