Tang Min: Balancing High Oil Prices and CPI with New Mechanism

Tang Min, deputy secretary-general of the China Development Research Foundation, pointed out yesterday that the refined oil pricing reform may seek new mechanisms, such as raising China’s oil price to international oil prices even higher than the international level, and using higher prices to partially subsidize products with higher CPI weights. , such as food products. Although the rise in oil prices has pushed up the CPI, subsidies have reduced food prices. Due to the large weight of food products in CPI, the actual CPI may not increase.
Tang Min also pointed out at the Sina Chang'an Forum that, from the current situation, it is unlikely that the CPI will rise further, but whether it will fall rapidly in the next few months still requires observation. The pricing reform of refined oil may also need to wait for an opportunity to observe the trend of food prices in the coming months.
He believes that the adoption of the above mechanism will enable the current high CPI, even if the refined oil price adjustment, will not push up inflation. If the price of oil increases, more energy-consuming consumers can pay more, and the money can also be used to subsidize rice and flour products to benefit all people.
Tang Min pointed out that in fact many countries’ oil prices are far higher than the world average. For example, European countries’ oil prices are several times international prices. There have been calculations that if the cost of managing oil pollution and the subsidy for oil extraction by countries are included in the cost, the real price of oil will be much higher than the current price, and raising the price of oil should be feasible.

Electric Mini Car

Electric vehicles are the development direction of future transportation vehicles, which have the characteristics of environmental protection and low-carbon, and can reduce exhaust emissions and environmental pollution.

An electric vehicle is a type of vehicle that uses electrical energy as its power source. Compared to traditional internal combustion engine vehicles, electric vehicles have lower energy consumption, lower pollution emissions, and lower noise. With the increasing awareness of environmental protection and the development of technology, electric vehicles have become an important choice for solving energy problems and alleviating environmental pollution.

Electric Mini Car,Pure Electric Small Car,Mini Electric Vehicle,Pure Electric Vehicle

Chongqing Huanyu Automobile Sales Company , https://www.huanyuauto.com