COST OF INDUSTRIAL PRODUCTION AND PRICES OF AGRICULTURAL PRODUCTS IN CHINA, 1953

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00809A000700190003-6
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 3
• Document Creation Date: December 22, 2016
• Document Release Date: August 24, 2011
• Sequence Number: 3
• Publication Date: June 14, 1954
• Content Type: REPORT

Sanitized Copy Approved for Release 2011/09/14 :CIA-RDP80-00809A000700190003-6
STAT
Sanitized Copy Approved for Release 2011/09/14 :CIA-RDP80-00809A000700190003-6
 Sanitized Copy Approved for Release 2011/09/14 :CIA-RDP80-00809A000700190003-6
C(1ST OF TNl]rISTRIA* PR(D t TrOr AND PRi^ _ ,F
AGRICULTURAL PRODUCTS IN C'rINA 1~?"-
(Summary: The following items present information on the cost of
industrial production and the prices of agricultural products in China
in 1953? Salts-promotion teams and general merchandise stores have
violated price policies by seilir,g products c?he?per in rural than in
urban areas. Industrial production tests can be reduced by usinC ma-
terials, machinery, and labor more officiently. Adjustment of prices
for grain and industrial products has pi-rer: the farmer a ~n?ester in-
come in the Central-Sout}: Administrative Area.J
PRICE POLICY VIOLATIONS -- Tientsin, Ta Kung Pac, i Dec ,
On 19 September 1953, the Yoh Hsien Trading^ompany ,Henan Province) woo
directed to reduce the price of uhitC su,-_? frrm 5,6GG yunr. t
catty. At this time the sugar market was very ac^,ive. The trading0,f finials
failed to carry out this order until 2 days later! this was a serious viola_
tior. of our price poll y and pre?re nte~ the establishment of uniform prices.
During the first part of October 195?, a sere .;eriou~ vl0iatict: cf cur
urban-rural price polir+ wes ~;?ae by a m~erchan:iise s?les-promotion team in Lin-
ying Hsien (Ronan Province] by arbitrari:y ~st?Slishir~, a selling price of
~5>c00 yuan for a dozes Fan-yung-1 steal pens a the :Isu-:N ang Speciel Ad-
ministrative Area [Ronan Province] (.he searce of supply), these pens sold for
165,000 yuan per dozen. These pens should have sold for 166,200 yuan per dozen
in Lin-yips Hsien. As 1t ~+as, the selling price was 100,000 yuan less than
that necessary for compliance with our urban-rural price po~icy.
In mid-October 1J5s; the Chia Esien (Ronan Province] General Merchandise
Store also violated the urban-rural. price differential nror~ram by altering the
prices of 10g items. Some of the items were priced lower than in the lisu-ch'-
ang Sp_cial Administrative Area and did not cover the i'rei;;ht charges from
Hsu-ch'ar.g to Chia iisier.. For c: