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On September 2, 1992, China's price reform was successfully completed
Thirty-three years ago today, on September 2, 1992 (August 6, 1992 in the lunar calendar), China's price reform was a success. On September 1, 1992, the State Price Bureau announced that from that day on, the state would hand over the pricing power of 571 kinds of means of production products to enterprises, and at the same time delegate the prices of 22 kinds of products to the provincial price departments. So far, there are 89 kinds of price varieties under the management of the state. Thinking that in the summer of 1988, I saved enough energy to break through the price barrier, and came back hard. After three years of weak lurking, the price barrier has quietly passed when I opened my eyes. Who is in charge of ups and downs? Theoretically speaking, at that time, the people could have bought the whole country - the personal assets of the society were nearly 1.30 trillion yuan, while the total state-owned assets were only about 1 trillion yuan. Since the people are so good, the state will let go of many things. For example, when going to college, on December 8, the State Education Commission said that students will have to pay fees for going to college in the future.


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