Pric­ing re­form aims for mar­ket sys­tem

China Daily (Hong Kong) - - POLICY REVIEW - By ZHANG YUE zhangyue@ chi­nadaily.com.cn

The National De­vel­op­ment and Re­form Com­mis­sion, the top eco­nomic plan­ner, has de­cided to fur­ther deepen pric­ing re­form in mo­nop­o­lized in­dus­tries, such as elec­tric­ity, nat­u­ral gas and rail­ways, as the cen­tral gov­ern­ment looks to per­fect its mar­ket-ori­ented pric­ing mech­a­nism by 2020.

China will im­prove trad­ing rules and reg­u­la­tions for the elec­tric­ity mar­ket, deepen the mar­ket-based re­form of nat­u­ral gas prices for non­res­i­den­tial users, and ac­cel­er­ate con­struc­tion of nat­u­ral gas trad­ing cen­ters in Shang­hai and Chongqing, Hu Zu­cai, vicem­i­nis­ter of the NDRC, said on Fri­day.

A fa­vor­able pric­ing pol­icy en­vi­ron­ment will be cre­ated to at­tract so­cial cap­i­tal to projects re­lated to rail­way con­struc­tion and op­er­a­tion, he added.

Ac­cord­ing to the com­mis­sion, ef­forts will be in­creased to pro­mote mar­ket-ori­ented pric­ing re­form, im­prove su­per­vi­sion and al­low the pric­ing mech­a­nism to guide re­source al­lo­ca­tion in or­der to achieve high­qual­ity, ef­fi­cient, fair and sus­tain­able de­vel­op­ment.

The reg­u­la­tor has said it will fo­cus on sev­eral fields, in­clud­ing mo­nop­o­lized in­dus­tries, pub­lic util­i­ties and ser­vices, en­vi­ron­men­tal pro­tec­tion and agri­cul­ture, and will reg­u­late the pric­ing mech­a­nism based on the prin­ci­ple of “costs plus a rea­son­able return”.

Work safety prob­lems found in site checks

In­spec­tors from the State Ad­min­is­tra­tion of Work Safety spot­ted 1,742 po­ten­tial risks in var­i­ous in­dus­tries dur­ing a re­view of pro­duc­tion safety last month.

Thirty-one teams car­ried out eval­u­a­tions at 800 com­pa­nies in 31 prov­inces and re­gions.

As a re­sult, 26 en­ter­prises were forced to cease pro­duc­tion un­til ad­e­quate work safety fa­cil­i­ties were in­stalled, and five were or­dered to close per­ma­nently.

The ad­min­is­tra­tion has urged all pro­vin­cial-level gov­ern­ments to strengthen work safety to fur­ther pre­vent ac­ci­dents.

Re­turnees face no work re­stric­tions

The State Coun­cil’s Over­seas Chi­nese Of­fice has said there are no poli­cies or reg­u­la­tions re­strict­ing over­seas Chi­nese who return to the coun­try to live or work.

The of­fice re­ceived a ques­tion on its web­site from a ne­ti­zen who asked where they could find poli­cies and reg­u­la­tions re­gard­ing peo­ple who have set­tled over­seas but re­tained Chi­nese cit­i­zen­ship, and whether they would en­counter any re­stric­tions in find­ing a job, such as doc­tors.

In re­sponse, the of­fice said de­tailed in­for­ma­tion can be found at chi­naqw.com, but added that there are no work re­stric­tions for over­seas Chi­nese. Some­one can work as a doc­tor in China as soon as he or she has ob­tained the nec­es­sary qual­i­fi­ca­tions, it said.

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