摘要
A mature market system for the petroleum sector is badly needed in China. The system currently in place in the country still has plenty of aspects in which it can be improved, including: an under-developed factor market, singular forms of product markets, and inadequate marketization of the management system and operational mechanism. How to tackle the three problems is the most urgent task that market construction for the petroleum sector in the country faces right now. This article proposes reform of the current system of awarding mining rights and calls for block auctions and mining right transfers. It also suggests a relaxing of access into petroleum exploration and development, enhancing the petroleum financial derivatives market, improving petroleum investment and financing systems, establishing relatively independent service companies, strengthening the opening-up of the service sector toward foreign service companies, perfecting information management systems and providing information consultants, pushing forward the separation of the governmental administration from the enterprises, accelerating a supervision system, and fully utilizing market means, and methods to adjust the petroleum sector in the country.
A mature market system for the petroleum sector is badly needed in China.The system currently in place in the country still has plenty of aspects in which it can be improved, including： an Under-developed factor market, singular forms of product markets, and inadequate marketization of the management system and operational mechanism. How to tackle the three problems is the most urgent task that market construction for the petroleum sector in the country faces right now. This article proposes reform of the current system of awarding mining rights and calls for block auctions and mininy, right traasfers. It also suggests a relaxing of access into petroleum exploration and development, enhancing the petroleum financial derivatives market, improving petroleum investment and financing systems, establishing relatively independent service companies, strengthening the opening-up of the service sector toward foreign service companies,perfecting information management systems and providing information consultants, pushing forward the separation of the governmental administration from the enterprises,accelerating a supervision system, and fully utilizing market means, and methods to adjust the petroleum sector in the country.
