China's top economic planner, the National Development and Reform Commission (NDRC), said that the price controls on tobacco leaf have been abolished. The move which comes more than a year after Communist Party leaders pledged to give the market a decisive role in resource allocation at a key meeting known as the Third Plenum, is expected to give the market a greater economic role. However, tobacco leaf prices are only a small factor in the cost of cigarettes so ...
via Medindia Health News
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