Now is an important time window to fasten the reform on the China's import regime in relation to petrol.

Anbound’s scholars point out that marketization reform is the signature reform on economy and politics, proposed by the current central decision makers.

The issue on whether the monopoly on petrol imports could be broken serves as an excellent touchstone to judge whether the marketization reform could be put in place.

In the event that China is still unable to break the monopoly on petrol imports, then the so called marketization reform is only in name but in substance.