A Reflection on Price Supervision

Housing, medicine and education are three major expenditures of residents, the prices of which have risen rapidly and perpendicularly. To put right the defect of free competition in markets, our government should apply macro adjustment and control so as to eliminate the business fraud in price and use value and equalize the commotion in price caused by crisis and disaster. The approaches to supervising and controlling the price soaring are described. They include opening the guiding price to provide reference for both buyers and sellers, improving management to decrease the medium rings in circulate, lowering down the social price to control the price soaring, striking the business fraud to maintain the regulate competition.