China to cut retail fuel prices
Updated: 2013-06-07 00:14
(Xinhua)
|
|||||||||
BEIJING - China will lower the per-tonne retail prices of gasoline and diesel by 95 yuan (15.32 US dollars) and 90 yuan, respectively, starting from Friday, the country's top economic planner said Thursday.
The benchmark retail price of gasoline will be lowered by 0.07 yuan per liter and diesel by 0.08 yuan per liter, the National Development and Reform Commission (NDRC) said.
The NDRC last adjusted gasoline and diesel prices on May 10, hiking them both by 95 yuan per tonne to reflect rising international crude oil prices.
Under the country's new pricing regime, which came into effect in March, domestic fuel prices are adjusted when international crude prices reflect a change of more than 50 yuan per tonne for gasoline and diesel over a period of 10 working days.
Michelle lays roses at site along Berlin Wall
Historic space lecture in Tiangong-1 commences
'Sopranos' Star James Gandolfini dead at 51
UN: Number of refugees hits 18-year high
Slide: Jet exercises from aircraft carrier
Talks establish fishery hotline
Foreign buyers eye Chinese drones
UN chief hails China's peacekeepers
Most Viewed
Editor's Picks
![]()
|
![]()
|
![]()
|
![]()
|
![]()
|
![]()
|
Today's Top News
Shenzhou X astronaut gives lecture today
US told to reassess duties on Chinese paper
Chinese seek greater share of satellite market
Russia rejects Obama's nuke cut proposal
US immigration bill sees Senate breakthrough
Brazilian cities revoke fare hikes
Moody's warns on China's local govt debt
Air quality in major cities drops in May
US Weekly
![]()
|
![]()
|