Oil prices to adjust a limited impact on overall prices - oil prices - the chemical industry

Oil prices to adjust a limited impact on overall prices - oil prices - the chemical industry

National Development and Reform Commission decided at 0:00 on the on April 14 raised slightly from the Gasoline And Diesel fuel Price. In the current strong inflationary expectations all aspects of society, the Oil Price adjustment will push up overall price levels? The oil price adjustments which take into account the main reasons? An interview with Xinhua price sector authorities and experts. A direct result of oil price adjustment of the chain month CPI increased by about 0.07 percentage points National Development and Reform Commission Price Secretary Cao Changqing told reporters that oil is an important means of production, the oil price increases the overall price level will have some impact. According to calculations, the direct impact of oil price adjustments in the month the consumer price index (CPI) rose ring about 0.07 percentage point, indirect effects may be slightly larger, but the overall impact is limited. He said, overall, the price adjustment not only followed the basic requirements of the pricing mechanism, but also take into account the interests of all parties, made the appropriate regulation of the price increase. To minimize indirect effects, the relevant departments have made the appropriate arrangements, the oil price adjustment will be integrated to take measures to strictly control the chain reaction of price adjustment, real good oil, gas and food, edible oil, pork, vegetables, etc. important commodity supply and price stability. Tsinghua University Economy Don White, vice president of management re-think the oil price increases, the relative prices become reasonable. Oil price adjustments in order to reduce the impact of the general price level, the state can use monetary policy tools to prevent overall price level from rising rapidly. Sort out the price guide is intended to guarantee the supply of consumer

Cao Changqing, said the first quarter of this year, China's economy has maintained a good development trend, but a good foundation for economic recovery is not strong to face the difficulties and contradictions are still more. In this case, the state insists on raising oil prices of refined oil pricing mechanism, is made from the perspective of the national economy, the choice was to protect the upcoming spring season and industrial production, market supply of oil, while reasonably guide the community consumption, promote energy conservation. International Crude Prices continued to rise recently after a number of private domestic refineries in order to avoid losses, one after another work stoppage. In order to avoid the "shortage of oil", to mobilize the enthusiasm of refineries to ensure the supply of refined oil, refined oil pricing mechanism under the State, and consider the domestic economic situation, market demand and supply of refined oil and the capacity of downstream users and other factors, a modest rise in the oil price. Cao Changqing that, overall, the oil price adjustments in both the refined oil pricing mechanism to follow the basic requirements, but also take into account the interests of all parties, made the appropriate regulation of the price increase. He said that last year, China Oil Dependence on foreign consumption was 2.5 percentage points over the previous year, reaching 53%. Changes in international oil price impact on the domestic market is growing. Straighten out the refined oil prices, although the short term, the downstream oil industry will have some impact, but long-term help to promote resource conservation and energy savings, help to promote economic development pattern, and help maintain the sustained and healthy development. White re-en said Energy Price too low, not conducive to establishing resource-saving, environment-friendly society. States should strengthen the implementation of refined oil pricing mechanism, needs to actively regulate the use of price leverage. "When every house bought Car , Go to guide people to energy conservation and reduce excessive dependence on oil too late. " Variety of measures to mitigate the downstream impact of industry and the disadvantaged groups

2006 3 months, the implementation of the comprehensive reform of oil prices, the countries have established some grain farmers and other disadvantaged groups and the public welfare sector to subsidize the four support mechanisms, the purpose is to ease the adjustment of oil prices on downstream industries and difficult groups. Cao Changqing said the oil price adjustment, the state subsidy will be in accordance with established policy, continue to agriculture, fisheries (including ocean fisheries), forestry, urban public transport, rural road passenger transport (including inter-island sea passenger transport and rural) to subsidies, temporary subsidies given to the taxi industry.

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