The National Development and Reform Commission has deployed to further improve the coal market price formation mechanism

In order to implement the decision-making and deployment of the Party Central Committee and the State Council, on February 28, the National Development and Reform Commission held a video and telephone conference to make comprehensive arrangements
for further improving the coal market price formation mechanism.
Hu Zucai, member of the leading party group and deputy director of the National Development and Reform Commission, attended and spoke
at the meeting.

The meeting pointed out that coal is an important primary product related to the national economy and people's livelihood, and China's energy consumption still needs to be based on the basic national conditions
dominated by coal in the coming period.
Further improve the coal market price formation mechanism, guide coal prices to operate in a reasonable range, promote the effective transmission of coal and electricity prices through market-oriented methods, help stabilize coal prices, stabilize electricity prices, and stabilize enterprise energy costs, and provide strong support for maintaining stable economic operation; It is conducive to promoting the coordinated and high-quality development of the upstream and downstream of coal and electricity, promoting the optimal combination of coal and new energy, better ensuring national energy security, and creating favorable conditions
for sustainable and healthy economic and social development.

The meeting required that the overall ideas and key measures for further improving the coal market price formation mechanism be deeply understood and accurately grasped, and various policy requirements should be effectively implemented to ensure that coal prices operate
in a reasonable range 。 It is necessary to do a good job in regulating supply and demand in the coal market, ensure reasonable and sufficient production capacity, strengthen the construction of the reserve system, improve the medium and long-term contract system, and focus on strengthening the supervision of performance; It is necessary to strengthen the management of coal market expectations, improve the production and circulation cost investigation system and market price monitoring system, standardize the behavior of price indexes, and promptly adopt various means and measures such as reminders, interviews, investigations, and price intervention for behaviors where prices exceed a reasonable range, so as to guide the return of reasonable prices; It is necessary to strengthen the supervision of coal and electricity markets, strengthen the linkage supervision of the futures spot market, anti-monopoly supervision and price supervision and inspection, and promptly investigate and deal with price violations and
violations.

The meeting emphasized that under the complex background of the international energy supply and demand situation, it is of great significance and far-reaching impact to further improve the coal market price formation mechanism, and all regions, relevant departments, relevant enterprises and industry associations should effectively enhance ideological understanding, strengthen responsibility, strengthen policy coordination, and grasp implementation with the spirit of nails to ensure that the implementation is effective
.

At the meeting, Wan Jinsong, Director of the Price Department of the National Development and Reform Commission, introduced the background and key measures of the introduction of the policy, and responsible comrades of the Development and Reform Commission of Shanxi Province, the Development and Reform Commission of Inner Mongolia Autonomous Region, the Development and Reform Commission of Shaanxi Province, Huaneng Group and National Energy Group made exchange speeches
.

Responsible comrades of relevant departments and bureaus of the National Development and Reform Commission, the Ministry of Industry and Information Technology, the State-owned Assets Supervision and Administration Commission, the State Administration for Market Regulation, the China Securities Regulatory Commission, the Energy Bureau, the Mine Safety Supervision Bureau and other departments, the responsible comrades of the State Railway Group, State Grid, China Southern Power Grid, Huaneng Group, Datang Group, Huadian Group, State Power Investment Group, National Energy Group, SDIC Power Company, China Resources Power Company, China Coal Group and other enterprises, as well as the Electric Power Enterprise Federation, Coal Industry Association, Coal Transportation and Marketing Association, Responsible comrades of the National Coal Exchange Center attended the meeting
at the main venue.
Responsible comrades of the Development and Reform Commissions of various provinces, autonomous regions and municipalities directly under the Central Government and responsible comrades of relevant local enterprises attended the meeting
at local branch venues.