China to cut gasoline prices

Source:Xinhua Published: 2016/7/22 11:14:41

A resident refills his car at a gas station in Anyang, central China's Henan Province, July 21, 2016. The National Development and Reform Commission (NDRC), the nation's top economic planner, announced on Thursday that gasoline prices would drop by 155 yuan (23.5 US dollars) per tonne, while diesel prices would be cut by 150 yuan per tonne. Under the mechanism, prices of refined oil products are adjusted when international crude prices translate into a change of more than 50 yuan per tonne for gasoline and diesel prices for a period of 10 working days. (Xinhua/Li Bo)


 

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