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On the afternoon of April 29, the National Development and Reform Commission held a press conference to introduce the macroeconomic performance in the first quarter of 2008. During this period, for the reporter's proposal, “under the current CPI situation, is it right that all reforms of all energy prices will be halted this year?†said Li Pumin, director of the Policy Research Office of the National Development and Reform Commission. At present, the market supply of refined oil in China is basically Normally, when it is adjusted to its price, it is necessary to consider the overall price level, consider the affordability of all sectors of society, consider the macroeconomic situation, and make overall decisions before making final decisions.
He said that the price of the resource product is the price of the basic product, and the NDRC has consistently adopted the principle that it must actively promote reforms on the one hand, and on the other hand be safe. "Because it involves a wide range of products and involves the prices of many downstream products, we must follow an active and prudent approach."
According to analysis, the current price of oil in the international market continues to climb. The price of crude oil on April 28 has reached US$119 per barrel. The problem of inverting domestic product oil prices and crude oil prices is relatively prominent. “Objectively speaking, this is the case. This has, to a certain extent, increased the operating difficulties of oil refineries and the pressure to ensure market supply.â€
Li Pumin stated that in order to ease the losses of refinery companies and ensure market supply, the state has adopted a series of measures, including adopting fiscal support policies. Our companies also take the initiative to take social responsibility, start production at full capacity, and adjust product mix. “It can be said that the current market supply is basically normal, but when it is time to adjust the price of refined oil products, this must take into account the overall level of prices, consider the affordability of all sectors of society, and also consider the macroeconomic situation. These factors must be considered. After making overall considerations, the final decision can then be made."
He said that the price of the resource product is the price of the basic product, and the NDRC has consistently adopted the principle that it must actively promote reforms on the one hand, and on the other hand be safe. "Because it involves a wide range of products and involves the prices of many downstream products, we must follow an active and prudent approach."
According to analysis, the current price of oil in the international market continues to climb. The price of crude oil on April 28 has reached US$119 per barrel. The problem of inverting domestic product oil prices and crude oil prices is relatively prominent. “Objectively speaking, this is the case. This has, to a certain extent, increased the operating difficulties of oil refineries and the pressure to ensure market supply.â€
Li Pumin stated that in order to ease the losses of refinery companies and ensure market supply, the state has adopted a series of measures, including adopting fiscal support policies. Our companies also take the initiative to take social responsibility, start production at full capacity, and adjust product mix. “It can be said that the current market supply is basically normal, but when it is time to adjust the price of refined oil products, this must take into account the overall level of prices, consider the affordability of all sectors of society, and also consider the macroeconomic situation. These factors must be considered. After making overall considerations, the final decision can then be made."
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