Development and Reform Commission: further rationalize the price of resource products

Summary of 8th National Development and Reform Commission announced that the first half of the CPI rose 2.3%, the overall price level basically stable. The National Development and Reform Commission further stated that it is taking advantage of the low price level to operate at a low level, focusing on decentralization and decentralization, and further reducing government pricing projects.
On the 8th, the National Development and Reform Commission announced that the CPI in the first half of the year rose by 2.3% year-on-year, and the overall price level remained basically stable.

The National Development and Reform Commission further stated that it is taking advantage of the low price level to focus on decentralization, further reducing government pricing projects, narrowing the scope of government pricing, accelerating the improvement of the mechanism for determining prices mainly by the market, and liberalizing and adjusting a number of government-administered The price of goods and services; using price levers to promote energy conservation and environmental protection, and to resolve excess capacity, has taken a big step and achieved positive results.

For the results achieved this year, the NDRC said that it mainly depends on the following four aspects: First, speed up the “release” and fully stimulate the vitality of the market. Focusing on making the market play a decisive role in resource allocation, it has released 26 prices of goods and services, further encouraged social capital to enter, stimulate market vitality, improve the market system, and promote economic growth.

The second is to seize the "build" and better play the role of the price mechanism. In the direction of marketization, we will seize key areas and establish and improve a price formation mechanism that more closely reflects market supply and demand constraints. In the key areas involving people's livelihood, distinguish between basic and non-basic, and protect the basic needs of the people, non-basic needs more reflect market supply and demand.

The third is an orderly “tune” to promote sustainable development and transformation and upgrading.

The fourth is to focus on “governing” and optimize the business environment to regulate the market price order.

The National Development and Reform Commission stressed that in the second half of the year, we will continue to earnestly implement the requirements of the Party Central Committee and the State Council, increase the pace of price liberalization and adjustment, continue to promote the release of a number of prices, further rationalize the price relationship of resource products, and actively use price levers to promote energy conservation and emission reduction. Standardize the price and order of charges, and create a good price environment for stable economic growth and structural transformation and upgrading.

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