25, the expert demonstration meeting of China (Shahe) Glass Price Index was held in Shahe, Hebei Province, and the experts at the meeting unanimously agreed that the index compilation plan passed the evaluation. Experts and scholars from the Price Monitoring Center of the National Development and Reform Commission, Hebei Academy of Social Sciences, Beijing Normal University, University of Foreign Economic and Trade, and leaders of glass manufacturing related enterprises attended the meeting.
China (Shahe) Glass Price Index Compilation Scheme Expert Review Site. Yang Qing, Director of Industrial Products Department of the Price Monitoring Center of
the National Development and Reform Commission, expressed the hope that the project team would strictly abide by the Regulations on the Management of Price Index Behavior of Important Commodities and Services (Trial Implementation) issued by the National Development and Reform Commission and do a good job in index compilation. Xu Yun, Professor of Statistics and Quantitative Finance Department of University of
Foreign Economic and Trade, Zhao Nan, Vice Dean of Statistics College of Beijing Normal University, Wang Chunrui, Vice Director of Economic Research Institute of Hebei Academy of Social Sciences, and other experts at the meeting said that the compilation scheme of China (Shahe) Glass Price Index was clear, the calculation system was scientific, and the weight design was reasonable. The simulation results can better reflect the law of Shahe glass market price changes, which has important reference value for the development of the industry.
It is reported that Shahe is an important glass production and distribution base in China. In 2022, the output of Shahe glass reached 87 million weight boxes, and the business income was 37 billion yuan. At present, Shahe's glass products have been used in decoration, construction, furniture, sanitary ware and other fields.
China (Shahe) Glass Price Index is jointly developed and designed by China Economic Information Agency and Shahe Economic and Technological Development Zone under the guidance of the Price Monitoring Center of the National Development and Reform Commission. The index collects the trading data of small plate glass with thickness of 3.8 mm, 4.8 mm and large plate glass with thickness of 5 mm produced by Shahe float glass process. The index aims to objectively reflect the trend of glass market price changes, improve market transparency, provide timely and accurate trading benchmarks for market practitioners, provide decision-making basis for government management departments, and provide more help for the high-quality development of the glass industry.