According to a speaker of the State Council, China will set the price in a company-centric manner, but also adhere to the following principles: (1) the price will be based on the attributes and principles of public good, based on cost, not supply and demand, (2) The price will be set on the basis of people’s willingness and demand for vaccination. Therefore, the price of Chinese vaccines must be within the range of people’s tolerance.

Japan JST China news, October 21, 2020