国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

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.

曲麻莱县| 油尖旺区| 乌拉特前旗| 巨野县| 玉环县| 柳林县| 聂荣县| 新余市| 盐池县| 永春县| 景宁| 宝丰县| 红桥区| 南阳市| 芷江| 宜阳县| 天全县| 调兵山市| 高尔夫| 定陶县| 巴青县| 定兴县| 濮阳市| 云南省| 津南区| 拜泉县| 浮梁县| 东莞市| 开阳县| 临洮县| 嘉义县| 曲沃县| 东乌珠穆沁旗| 呈贡县| 洛川县| 涞水县| 沁水县| 吉林省| 锦州市| 方山县| 辽中县|