Key practical points:
• Most prices are market-set, but certain essential goods are subject to government or guided prices.
• Colluding to raise prices, or dumping below cost to drive out rivals, is prohibited.
• Price manipulation and spreading false information to trigger price panic are prohibited.
• Sellers must clearly disclose prices (price tagging).
• In emergencies the government may impose temporary price controls.
🏢 Company setup
Price Law · Yalla China
中华人民共和国价格法 / Price Law
Enacted: 1997-12-29 ✅ Effective: 1998-05-01
📝 Overview
A law governing the pricing of goods and services in China, distinguishing market-set prices from government-guided or government-set prices. It prohibits unlawful pricing practices such as price manipulation and price collusion.
This is general information only, not legal advice. For your specific case, consult a licensed lawyer.
📜 The law text / key provisions
💬 Practical reading
💬 This is a general reading/opinion for orientation — not the official legal text nor legal advice.
If you sell goods or services in China, display clear prices and avoid agreeing prices with competitors or spreading rumours to push them up. Pricing violations carry large fines, especially in times of crisis. General orientation, not legal advice.
📎 Official source
npc.gov.cn
🕒 Updated: 16 March 2026