state monopoly sales; unified state marketing
Meanings
1 sense · 4 examplesverb
to implement unified state sales of essential commodities; state monopoly on sales
formalPrimarily used in economic and historical contexts referring to government-controlled distribution of essential goods (grain, cotton, oil, etc.) during the planned economy era or in specific regulatory frameworks. Often appears in compound terms like 统购统销 (unified purchasing and sales).
During the planned economy era, grain was subject to unified state sales policies.
These important strategic materials are sold through state monopoly; private trading is prohibited.
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The unified purchasing and sales system effectively guaranteed the basic living needs of urban residents.
With the development of the market economy, unified state sales have been abolished for most commodities and replaced by market regulation.