China will further improve the mechanism for the formation of refined oil prices. This year, he took the opportunity to implement residents' ladder prices. Deputy Director of the National Development and Reform Commission, Peng Sen, said on the 7th that in the “Twelfth Five-Year Plan” period, it is necessary to further improve the mechanism for the formation of refined oil prices and gradually advance the prices of refined products. Market-oriented reforms.

At the 2011 national economic restructuring work conference held in Tianjin, Peng Sen stated that during the “12th Five-Year Plan” period, China will gradually straighten out the price-relation relationship between natural gas and alternative energy sources, and establish natural gas that reflects market supply and demand relations and resource scarcity. The price formation mechanism promotes the development and rational use of natural gas. In the aspect of water price and electricity price reform, Peng Sen stated that the "Twelfth Five-Year Plan" should implement a ladder-type price for domestic water use for residents and a non-resident over quota water price increase system; set out to establish an independent transmission and distribution price formation mechanism and gradually transition to press " The “cost plus revenue” method approved the transmission and distribution prices, promoted the same price of electricity for industrial and commercial use and the same price for various types of electricity in urban and rural areas, and implemented the residents' ladder price option this year.