In pricing on suspended two questions from all walks of life, the domestic refined oil pricing mechanism reform open the "perfect" tour again. National development and reform commission (NDRC) recently held a symposium for advice, shortening the period of product oil pricing, set the "ceiling price" and "floor price" and so on the new content, the move is seen as a response to oil price volatility the negative effects of prescription, the high attention by users.
The current oil pricing mechanism is created in 2009 and 2009, after again perfect shape, its framework is conditional with international crude oil price linkage. At that time, the international crude oil price near $100 a barrel, so in the "ten working days + 50 yuan" trigger condition, the oil price control measures (try out) "set up" ceiling price ", that is when the international crude oil market price above $130 a barrel, the fiscal and taxation policy to ensure proper production and supply of refined petroleum products, gasoline and diesel prices in principle, not to mention or less, but the mechanism is not aimed at how to set up international oil prices showed a sharp fall "floor price" make specific arrangements. Since the second half of 2014, the international crude oil prices unexpectedly fell all the way, in December 2015 more dipped below $40 a barrel, has yet to turn, for the comprehensive drilling cost over $45 a barrel of domestic oil companies, of course not good news. This setup "floor price" reform, perhaps as the analysts say, with the intention of the protection of domestic oil companies.
But international oil prices below $40 reveal not only the domestic crude oil production of the high cost of "covering", more pierced the prices of refined oil products in China is not linked to domestic supply and demand, price formation, lack of competition "armor". Refined products is the foundation of energy supplies, at present, China's foreign oil dependency is as high as 60%, there is a shortage of supply in order to avoid the domestic crude oil production, energy security is threatened, in the case of the current pricing is difficult to completely let go, the relevant departments of both people and two oil companies, such as shortening the period of adjustment, set the price of the "two" transitional prescription, perhaps has its necessity. But change the current domestic refined oil refining and lucrative retail terminal link, the condition of oil extraction link loss serious distortion may be more mechanism significance. In the determination of specific details should be comprehensively considered the factors, such as with the domestic industry, especially since the production cost of oil, setting floating in the standard value, adjustment of mining, refining, upstream and downstream links such as sales, profit distribution, such as the adjustment of the state may be set up by special fund, use the fiscal and taxation means to carry on the macroeconomic regulation and control, and balance the profits.
For the new mechanism, promote the reform of the consumption tax and so on, realize levied linkage is also perfect direction. According to the relevant authorities, China's current total taxes (including value added tax, city building duty, education to add and consumption tax) in the final retail price of refined petroleum products accounts for more than 50%, high proportion of taxes and fees, price structure is not reasonable, is the important cause of high oil prices.
In has taken the market as the ultimate goal, of course, in the new round of reform, this is just a transitional measure, to break the monopoly is fundamental. Released in October 2015, "the central committee of the communist party of China under the state council on several opinions to push forward the reform of the price mechanism is put forward, the satellite" of product oil price ", and by 2017 and basic link price competitive industries. This year on January 4, the national development and reform commission, further clear timetable, plan implementation during "much starker choices-and graver consequences-in" refined oil prices "fully market-oriented". To complete the goal, to promote the domestic oil market is very important for the degree of marketization.