Caixin
Jan 19, 2022 06:53 PM
BUSINESS

Beijing Labs Barred From Price Gouging on Rush Covid-19 Tests

What’s new: Covid-19 lab testing companies in Beijing can no longer charge extra fees to rush nucleic acid tests test results, local regulators said when they announced new price controls on the business just as the Chinese capital is dealing with a fresh outbreak ahead of the Winter Olympics.

The city’s government set a maximum price of 35 yuan ($5.50) per test and pledged to punish offenders that charge extra fees with fines up to five times the amount of the added charge, local officials said at a Tuesday press conference held by the Beijing Municipal Information Office.

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