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According to statistics, the price of Beijing's machinery use fee rose slightly last year. The price index for Beijing's machinery use fee was 102.9% for the entire year, an increase of 1.8 percentage points over 1999.
According to industry insiders, the main reasons for the slight increase in the prices of Beijing's machinery use fees are as follows: First, crude oil prices have risen sharply, causing fuel prices for various machinery and equipment to increase, and driving the cost of machinery and equipment to increase. Last year, the ex-factory prices of petroleum processing industry in Beijing rose by 24.8%. Second, the state increased infrastructure construction. The increase in the demand for some large-scale construction equipment led to a rise in machinery class expenses. The third was the promotion of policy factors. In the third quarter of 2000, Beijing raised the budgetary standard for the use of commuting fees for machinery, which provided objective conditions for the increase in the price of machinery usage fees.
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