Today, 38 years ago, on September 19, 1987 (July 27, 1987), China's first pricing regulations were officially implemented. On September 19, 1987, China's first pricing regulations - the People's Republic of China's pricing regulations - were issued, which marked the inclusion of China's price management and supervision inspection into the legal track. The regulations were revised on the basis of the provisional pricing regulations in 1982. It added four aspects of content than the original provisional regulations: one is to clarify the current state pricing, state guidance prices and market price regulation; two is the task of various levels of pricing departments to increase information services and strengthen coordination, guidance and other functions; three is to add the "price rights and obligations of enterprises" chapter, which stipulates the five rights and five oblig