Talking about the new price adjustment mechanism of refined oil: focus on transparency and so on

December 22, the National Development and Reform Commission on the domestic oil market for the fourth time this year, the third increase.　　The National Development and Reform Commission today can institute the former director Zhou, said the new mechanism should be transparency, timeliness and market regulation of three areas of increased concern. Zhou said that the current pricing mechanism is mainly focused on three aspects. First, whether transparency can be further increased. Secondly, how to increase the timeliness of oil price adjustment.　　Third, further improve the scope of market adjustment, so that the market supply and demand can be objectively reflected in the price. "As to whether China can go all at once to rely entirely on companies to price themselves?" I think it needs a process. He suggested that the state should also regulate prices appropriately. Li Tong Du Yanfei