Comments 
Print 
Mail 
Large Medium SmallBEIJING - 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.
Copyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
