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“Now is the time to stimulate economic growth. If energy prices are to be rationalized and market-oriented reforms are implemented, most energy prices may increase, except that refined oil prices may fall under the influence of falling international oil prices. This will further increase Suppression has begun to decline in demand. Therefore, the rationalization of energy prices to be carried out gradually and in a timely manner.†Han Wenke said.
Han Wenke said that the energy industry is an investment-intensive industry. At present, the financial crisis has affected the export of coal and other energy resources in China. At the same time, due to the economic slowdown in the country, the supply and demand contradictions have slowed down, and the demand for coal and electricity has also been reduced. The decline has reduced the scale of investment in energy and may affect the future development of energy. “Now, electricity and coal investment have been reduced. In a few years, the expansion of its production capacity will be affected, which is unfavorable for future economic growth.â€
He said that the main task of macroeconomic regulation and control in the energy sector is to avoid the ups and downs of the energy industry. The state should adjust its policies in a timely manner to stimulate energy consumption so as to drive investment in the energy industry.
When the international oil price has fallen below US$60/barrel, is it the best time for China’s energy price reform? Han Wenke, director of the Energy Development Research Institute of the National Development and Reform Commission, said in an interview with reporters recently that investment in the energy industry should avoid ups and downs, and energy prices need to be streamlined, but they must also wait for appropriate timing.