China will improve the ladder price, implement the ladder water price, and introduce the ladder gas price in due course.

- Oct 21, 2018-

China will improve the ladder price, implement the ladder water price, and introduce the ladder gas price in due course.

Xu Shaoshi, director of the National Development and Reform Commission, said on the 5th that price reform is an important part of China's comprehensive deepening reform. This year, China will promote the reform of resources and energy prices without increasing the residents' basic living water, electricity, and gas burden, improve the ladder price, guide the implementation of the ladder water price, and introduce the ladder gas price in due course.

At the press conference held at the Second Session of the 12th National People's Congress, Xu Shaoshi said that in order to protect the basic needs of residents, China will further improve the social assistance and security linkages and price increases, and timely subsidize the basic lives of the people in need. Implement the vegetable basket and rice bag project to ensure sufficient supply of goods.

When talking about price violations such as anti-price monopoly, Xu Shaoshi said that this year we should further strengthen supervision over education, medical care, finance and other fields, regulate market price order, and safeguard consumer rights.

He also reviewed the price reform measures introduced by China last year, including the reform of the refined oil price formation mechanism. In the past year, the implementation of the new mechanism has raised the domestic oil price by 8 times, reducing the price by 9 times and 7 times. The quality of gasoline and diesel has been upgraded, and the high-quality and high-price policy has been adopted to reduce vehicle emissions and reduce smog pollution. The natural gas price of residential gas, the incremental gas price last year was put in place, and the market price was implemented.

He said that before 2012, the stock price of non-resident users (the original user's current usage price) will increase to the incremental gas price level in three years. At present, the price of stored gas is about 2 yuan per square meter, the price of incremental gas is 2.95 yuan per cubic meter, and the price difference is nearly 1 yuan.


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