Organisers said in a statement it would “condense the season,” which finishes in November.
Hamilton finished first, ahead of Ferrari’s Kimi Raikkonen and his Mercedes teammate Nico Rosberg.
Lewis Hamilton took the fourth successive pole this season; Sebastian Vettel to start second.
Rosberg topped the timesheets with a best time of one minute 34.647 seconds on soft tyres.
The hostess, graduate of Shanghai Institute of Visual Art, said that the incident has been blown out of proportion.
Hamilton has won 8 of last 10 races and Rosberg has been unable to assert himself in qualifying either this year.
The Mercedes pair pulled clear of Sebastian Vettel’s Ferrari right at the start of the race.
Mercedes are now fully aware they have a real title fight on their hands.
Motorsport’s governing body has given a lukewarm response to Ecclestone’s suggestion.
Hamilton, who won the first of his two titles with McLaren in 2008, is one of the three highest paid drivers in the sport.
Red Bull has warned that the team could pull out of F1 unless changes were made to the current regulations.
For Sebastian Vettel the podium spot felt like a victory on his Ferrari debut in the Australian grand prix.
Lewis Hamilton beat Nico Rosberg in a one-two finish for Mercedes at the Australian Grand Prix on Sunday.
The Briton recorded a fastest lap of one minute 26.327 seconds, trouncing Rosberg by nearly six-tenths of a second.
Besides driver safety, F1 has been rocked over the last 12 months by its latest monetary crisis.