China News Service, October 24. According to the WeChat official account of the National Development and Reform Commission, in order to further strengthen the joint supervision of the coal futures and spot market, we will reduce the excessively high coal price to a reasonable level as soon as possible, and let the coal market return to rationality. Recently, the Price Department of the National Development and Reform Commission On the basis of organizing local cost surveys on coal production and circulation enterprises, a number of investigation teams were formed in conjunction with the Price Cost Investigation Center to go to relevant provinces to conduct on-site investigations on key coal production enterprises and circulation enterprises, in order to determine the reasonable range of coal prices and stop coal. Provide a basis for enterprises to make huge profits.
A large amount of coal is produced in a mine in Shanxi.
(Data Picture) Photo by China News Agency reporter Wei Liang
The investigation team will conduct a comprehensive investigation of the production costs, profits, output, inventory, and prices of relevant coal production enterprises in accordance with the law, and conduct in-depth inspections of the purchase and sale prices, circulation costs, profits, and inventory of the circulation enterprises.
The National Development and Reform Commission will work with relevant departments to severely crack down on illegal activities such as price bidding, hoarding, collusion to manipulate market prices, and fabricating and disseminating price increase information found in the investigation.