Research On The Reform Of China’s Oil Market Pricing Mechanism

According to Commerce Department data show that as of the end of December 2013, China have been overseas oil imports accounted for more than 58%, becoming the world’s second-largest oil importer. And, according to the International Petroleum Institute forecasts that China will overtake the US oil imports in 2015, becoming the world’s largest oil consumer.Improve and perfect the mechanism of oil prices can quickly and accurately to changes in the price of oil will pass the various sectors and industries of the national economy; if the oil price mechanism itself is not sound and perfect, oil price fluctuations cannot be effectively transmitted to other sectors, it is will lead to economic inefficiency, restricts the healthy development of the national economy. Due to the establishment of late, the lower level of the market, the relevant laws and policies and the lack of systematic improvement of the international oil price turbulent easily transmitted to domestic, economic development of the country cannot ignore the impact of oil price mechanism.In this paper, the basic concepts related to economics, scope and theory as a means of combining qualitative and quantitative methods, based on "both to make domestic oil prices reflect changes in international crude oil prices, but also to prevent sharp fluctuations in international crude oil prices on China’s economic stability run cause greater impact, " the basic starting point, in retrospect sort of domestic oil pricing mechanism reform and development process and the main problem currently facing and the reasons on the basis of the proposed basic orientation of China’s market-oriented reform its oil pricing mechanism specific policy recommendations.