Price ceil­ings on most medicines to end

China Daily (Canada) - - FRONT PAGE -

China will lift price con­trols on most medicines start­ing from June 1, the coun­try’s eco­nomic plan­ner said. Medicine prices will be de­cided by the mar­ket, said the Na­tional Devel­op­ment and Re­form Com­mis­sion (NDRC) in an on­line no­tice to pro­mote medicine price re­forms. Only nar­cotics and some listed psy­chotropic drugs will con­tinue to be con­trolled by the gov­ern­ment with ceil­ing re­tail prices, it said.

The re­form will turn the gov­ern­ment into a de­fender of or­derly medicine mar­ket com­pe­ti­tion and help keep prices rea­son­able, said Chang Feng, head of the medicine price re­search in­sti­tute of China Med­i­cal Uni­ver­sity.

Public health de­part­ments must boost su­per­vi­sion on med­i­cal in­sti­tu­tions and check im­proper medicine and med­i­cal equip­ment use, as well as ex­ces­sive check­ups and treat­ment, the no­tice said.

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