The National Development and Reform Commission has raised the cash reward for those who provide information leading to the prosecution of price monopolistic practices to 10,000 yuan (US$1,646.09) for serious cases and 5,000 yuan for other offences, up from the existing 2,000 yuan, the People’s Daily reported Wednesday. Since 2001, the commission has been maintaining a reporting hotline with all incoming calls taken by officers personally and assured of utmost confidentiality. The regulator is also setting up a new price monitoring reporting hotline, the 12358 hotline, with better features for the public to report cases. The regulator will decide whether or not to pursue a reported case within seven working days, the report said.
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