Core Viewpoint - The article discusses the issuance of the "Opinions on Improving Price Governance Mechanism" by the Central Committee and the State Council, aiming to deepen price reform and enhance the price governance mechanism in China. Group 1: Key Points of the Opinions - The direction of reform adheres to the socialist market economy, allowing the market to determine prices where possible, facilitating the efficient flow of high-quality production factors, and effectively serving the construction of a unified national market [2][5] - The opinions emphasize the need to improve the pricing mechanism for refined oil, deepen the market-oriented reform of natural gas prices, and accelerate the establishment of a coal market pricing mechanism [2][3] - It calls for the development of important commodity spot and futures markets, optimizing rules for futures listing, trading, and regulation, and solidifying the foundation for market price formation [3][4] Group 2: Price Regulation and Monitoring - The opinions propose to abolish price policies that hinder the construction of a unified national market and fair competition, preventing inappropriate government intervention in price formation [4][10] - It emphasizes the need for a transparent and predictable market price regulation mechanism, enhancing the supervision of market price behavior and maintaining market order [13][27] - The article highlights the importance of strengthening anti-monopoly regulation and enforcement to prevent and curb monopolistic behaviors in key sectors such as transportation, tourism, and education [4][9] Group 3: Agricultural and Energy Pricing Policies - The opinions outline the need to improve agricultural pricing policies to ensure stable and safe supply of food and important agricultural products, including mechanisms for price, subsidies, and insurance [3][23] - It also emphasizes the establishment of pricing policies that promote green and low-carbon transformation in energy, including mechanisms for natural gas power generation and energy storage [6][24] Group 4: Public Services and Digital Economy - The opinions call for the establishment of pricing policies for public services to ensure equitable access, including government-guided pricing for basic services in public and private institutions [4][24] - It highlights the need for innovative pricing policies for public data to facilitate the safe and efficient development of the digital economy [25][11] Group 5: Implementation and Coordination - The article stresses the importance of inter-departmental coordination and collaboration to effectively implement the opinions, ensuring that various tasks are clearly defined and executed [15][30] - It also mentions the need for a robust price monitoring and early warning system to enhance the timeliness and relevance of price monitoring [28][29]

Overall Requirements - The document emphasizes the importance of price governance as a key aspect of macroeconomic management, aiming to deepen price reform and improve the price governance mechanism in China [2]. Group 1: Market Price Formation Mechanism - The document advocates for the market-oriented reform of electricity pricing, including the establishment of a market-based pricing mechanism for electricity, natural gas, and coal [3][4]. - It highlights the need to create a competitive market environment by abolishing policies that hinder fair competition and ensuring fair access to essential services like electricity and gas [4]. - The document calls for the development of trading markets for key commodities, including oil, gas, and coal, to enhance price formation [3]. Group 2: Price Guidance Mechanism - The document proposes improving agricultural price policies to ensure stable and safe supply of essential food products, including minimum purchase prices for rice and wheat [5]. - It emphasizes the need for energy price policies that support green and low-carbon transitions, including the establishment of pricing mechanisms for natural gas and renewable energy [5]. - The document suggests creating a pricing policy for public data to facilitate the development of the digital economy [7]. Group 3: Price Regulation Mechanism - The document stresses the importance of regulating overall price levels by considering supply and demand dynamics, economic growth, and external influences [8]. - It outlines the need for a long-term mechanism to stabilize prices of essential goods, focusing on production capacity and market balance [8]. - The document highlights the importance of emergency measures to manage price fluctuations for critical commodities [9]. Group 4: Market Price Supervision Mechanism - The document calls for the establishment of a comprehensive market price behavior regulation system to maintain order and prevent unfair competition [10]. - It emphasizes the need for enhanced price supervision and inspection, particularly in sectors with high public interest [10]. - The document advocates for a collaborative governance model involving industry self-regulation, social oversight, and government regulation [10]. Group 5: Capacity Building for Price Governance - The document highlights the need to improve price monitoring and early warning systems to enhance responsiveness to market changes [11]. - It calls for strengthening cost auditing and investigation to ensure effective cost control and transparency [11]. - The document emphasizes the importance of updating legal frameworks related to price governance to adapt to new challenges [11]. Group 6: Implementation and Leadership - The document stresses the necessity of strong leadership from the Communist Party in implementing price governance measures [12]. - It calls for local governments and departments to prioritize price governance and adapt policies to local conditions [12].