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The disaster has caused more than 1.5 billion yuan (238 million U.S. dollars) in direct economic losses, he said.
"The decline of the PPI has highlighted the grim facts of sluggish market demand, shrinking business orders and continuing destocking," he said.
The system has drawn increasingly wide and fierce criticism from the public for years and the need for reform is more necessary at present.
Despite increased speculation regarding more RRR cuts, the central bank favors more delicate monetary tools and will be reluctant to resort to blunt monetary instruments, the analysts said.
Police are investigating the cause of the accident.
来源：资阳报