The Development and Reform Commission Supervision Department stipulates the prohibition of borrower price adjustments

The National Development and Reform Commission and the Ministry of Supervision issued a joint notice on the 21st, requesting all localities to earnestly implement the measures for oil product and electricity price adjustments issued by the Development and Reform Commission on the 19th, strictly control the chain reaction, and keep the price level basically stable.
The "Notice" reaffirmed that after adjustments have been made to refined oil and electricity prices, all localities must ensure that policies and measures such as liquefied gas, natural gas, residential life, and agricultural and fertilizer production prices are not adjusted. Railway passenger transport, urban public transport, and rural road passenger transport (including inter-island and rural waterway passenger transport), which are closely related to residents' consumption, must not increase prices. Taxi prices are not adjusted temporarily, and the impact on the taxi industry will be resolved in the near future by increasing financial subsidies. Strict implementation of temporary price interventions for coal for power generation.
The "Notice" emphasized that after adjustments have been made to refined oil and electricity prices, it is necessary to ensure that the relevant subsidy funds are paid in full and in time to the target of subsidies. We must strictly control the scope and magnitude of price hikes for downstream products, urge operators to reduce costs, and self-distill some of the cost increase factors. To continue to clear up the charges for rectification, increase the reduction of government fees and efforts to reduce the burden on operators.
The "Notice" requires all localities to adopt various measures in an integrated manner. It is strictly forbidden to let go of goods to take advantage of the opportunity to increase the price of the car and to increase the price in disguise. We will continue to focus on the implementation of some important goods and services, as well as temporary intervention measures for the relief and post-disaster reconstruction of material prices. Relevant departments must increase the supervision and inspection of prices, and strictly crack down on various price violations in accordance with the law.
On the 19th, in the case of severe losses of refinery and thermal power generation enterprises, in order to ensure energy supply and ease the difficulties of these enterprises, the Development and Reform Commission has moderately raised some refined oil prices and electricity prices, and announced that it is necessary for some industries and low-income groups. Subsidies.

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