National Bureau of Statistics chief economist: China's energy prices are adjusted earlier than late

"What is China's energy price to do? I personally feel that it is better to adjust early than late, but not necessarily in one step." Yao Jingyuan, chief economist of the National Bureau of Statistics, recently held a semester opening ceremony in the "Corporate Strategic Thinking in China's Rising Era" senior seminar. This means that. He said that China's energy prices must ultimately be handed over to the market. Refined oil is now 3,000 yuan cheaper than the international market, and should be prepared for oil price hikes.
Yao Jingyuan said that China's energy prices do need to be regulated in a very period of time, but they must ultimately be handed over to the market. The price must be determined by the market. Man-made controls can be short-term, and long-time can cause distortions.

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