Analysis Of The Refined Oil Pricing Mechanism Market Characterization And Countermeasures In China

Oil is an important universal life strategic energy resources and production, the development of the national economy and national security are extremely important strategicvalue and significance.China’s refined oil pricing mechanism from1998country’scomplete planning and control pricing model has experienced a two-track plan andmarket pricing, merged with the international market system and the three stages, thisprocess is also gradually liberalizing the domestic oil price mechanism of the process. Inthe new international and domestic situation, the wave swept the market, China’srefined oil price formation mechanism of the management system and the relative lag, tothe oil industry, and the entire country’s economic structural adjustment caused somenegative effects, the development of the oil industry and price formation mechanismbehind, but also exposed some deep-seated contradictions and problems. Since2008,the international oil market by the financial crisis, oil prices down quickly, but also forthe reform of refined oil has brought a rare opportunity. To deepen the domestic refinedoil pricing mechanism reform process of marketization has taken an important step.China’s refined oil is the ultimate goal of the reform of the market, in a fair,equitableand open basis to break the monopoly of the oil industry,to attract capital into the wholesociety, competition in the market to form a reasonable equilibrium price. Pricemechanism is a central part of the market economy in the regulation of resources playsan important role. So since2008, How has the operational status of the new oil pricemechanism? For in-depth analysis of the practical effects of the new mechanism, thearticle in view of the oil market through the routine performance was mainly based onthe side, trying to build a market for refined oil pricing mechanism apparent analysisframework, through the transparency of the new oil pricing mechanism analysis, setreasonable rules analysis and oil price fluctuations and foreign fit empirical analysis of three aspects of analysis, preliminary showing of the new oil price mechanism reflectsthe characteristics of the market and level of development. In-depth analysis of theproblem and on the basis of the reasons put forward China’s refined oil market-orientedreform of the basic direction that the government ’s limited regulatory reform is aprerequisite oil prices, oil prices overall development of progressive reform of the basicideas, comprehensive reform is a systematic oil price mechanism reform of the securityof the basic institutional framework and development ideas.