Sanya releases standard pricing system to regulate seafood market
After the media exposure of a stunning high bill from a seafood restaurant in Sanya, a standard pricing system will be introduced to regulate the seafood market on Jan 26, 2011, reports hinews.cn.
According to Sanya Price Control Bureau, the city’s seafood prices are expected to drop by an average of 25% after the pricing system is introduced.
Since last year, the bureau had sent an inspection group to conduct long-term supervision on 24 seafood wholesale markets in Sanya, in order to calculate the standard price for the seafood market.
All the city’s seafood markets will be asked to strictly obey the newly released standard pricing system. The wholesale prices of seafood products will be published every month and the seafood stall owners can take last month’s seafood prices as a reference for their current seafood pricing.
An official with the bureau said 5 million Yuan is the highest fine that can be given to any seafood stall found violating the regulation.
Translated by WOS Team
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