China Economic Monitoring and Analysis Center
SCI International
In mid-July 2014, according to the monitoring of the market price of 9 categories, 50 kinds of important means of production in circulation in 24 provinces (autonomous regions and municipalities), the prices of 15 kinds of products increased, 31 kinds decreased, and 4 kinds kept at the same level, compared with that in early July 2014.
Annotations:
1. Explanatory Notes
The market price of important means of production in circulation means the wholesale price and sale price of enterprises trading important means of production. Different with the producer price, the market price of means of production includes producer price, as well as the circulation expenses, profits and taxes of the enterprises. The producer price and market price are interacted on each other, and by reason of time-lag, the changing trends of these two prices may not be exactly the same in a certain period of time.
2. Monitoring Content
The monitoring of the market price of important means of production in circulation includes the prices of 9 categories, 50 kinds of products. For details of product category and specifications, please see the attached table.
3. Monitoring Coverage
The monitoring covers nearly 1700 wholesalers, agents and dealers of more than 200 trading markets in 24 provinces (autonomous regions and municipalities), including Beijing, Tianjin, Hebei, Shanxi, Inner Mongolia, Liaoning, Jilin, Heilongjiang, Shanghai, Jiangsu, Zhejiang, Anhui, Fujian, Jiangxi, Shandong, Henan, Hubei, Hunan, Guangdong, Guangxi, Sichuan, Shaanxi, Gansu, and Xinjiang.
4. Monitoring Methods
Price monitoring methods include information officers gathering prices at the field, asking price through telephone, QQ, e-mail and so on.
5. Calculation Methods of Average Price
The average price of the same kind of standard products is calculated on average of each monitoring price. Each ten-day price of standard products is the average of price on the first and last working day of the ten-day period.
6. Release Date
The data will be released each 4, 14, 24 of the month in principle, which will be postponed in case of weekends or holidays.