Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, March 23 (Xinhua) — Amid a sharp rise in international oil prices, China has introduced temporary price controls on gasoline and diesel fuel, the National Development and Reform Commission (NDRC) announced Monday.
These measures, as noted in the agency's statement, are aimed at mitigating the consequences of the abnormal rise in oil prices on the international market, reducing the burden on consumers, and ensuring the smooth functioning of the economy and public welfare.
Gasoline and diesel prices will rise by 1,160 yuan (about $168) and 1,115 yuan per ton, respectively, on Monday, the state commission said. -0-
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