综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Government and Policy

China hikes gasoline, diesel prices

(Xinhua)
Updated: 2011-02-19 21:37
Large Medium Small

China hikes gasoline, diesel prices

A worker adjusts the price tag at a gas station in Beijing, Feb 20, 2011. [Photo/Xinhua]

BEIJING - China will raise both gasoline and diesel prices by 350 yuan (about $53.2) per tonne, beginning Sunday, the National Development and Reform Commission (NDRC) announced Saturday evening.

The adjustment is the first this year but the second one in the past two months. The increase will hike the benchmark retail price of gasoline by 0.26 yuan per liter and diesel by 0.3 yuan per liter, the country's top economic planning body said in a statement on its website.

The hike came with an increase in the price of international crude oil, but the timing is "properly postponed" and the rise in price is somehow "limited", the statement said.

Related readings:
China hikes gasoline, diesel prices Oil rises on US demand
China hikes gasoline, diesel prices Oil prices rise on Egypt unrest; Brent tops $100
China hikes gasoline, diesel prices Sinopec net profits soar on oil price rises
China hikes gasoline, diesel prices China raises gasoline, diesel prices

The Chinese government adopted an oil pricing mechanism at the start of 2009 that allowed the NDRC to adjust retail fuel prices when international crude oil prices change by more than 4 percent over 22 straight working days.

China last raised gasoline and diesel prices in late December last year by 310 yuan and 300 yuan per tonne, respectively.

According to Cao Changqing, head of the Department of Price of the NDRC, the government had considered factors, such as the current price situation, the Spring Festival season and the demand and supply conditions in the oil market.

The international crude oil prices had already jumped by more than?4 percent as early as Jan 22, Cao said.

He added that the rise would be around 10 percent if the international price trend had to be followed. But by hiking gasoline and diesel prices by 350 yuan, the growth comes to about 4.5 percent.

Liu Zhenqiu, vice director of the NDRC's price department, said that the government would continue to provide subsidies to low-income families, farmers, taxi drivers and other sectors that could be hurt by the price adjustment.

China's consumer price index (CPI), a main gauge of inflation, rose 4.9 percent in January, which was lower than market expectations, but still higher than the 4.6 percent from last December.

信宜市| 长葛市| 广平县| 威信县| 会泽县| 开平市| 深圳市| 永兴县| 修文县| 周至县| 榆社县| 宜宾县| 东港市| 绵阳市| 手游| 大石桥市| 威远县| 宜兰市| 绥化市| 姚安县| 额尔古纳市| 崇信县| 花莲市| 报价| 香港 | 酉阳| 昭平县| 滦南县| 安化县| 喀喇| 赫章县| 湘乡市| 铁力市| 乌什县| 洛川县| 宣恩县| 中西区| 临安市| 广东省| 怀来县| 钦州市|