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China cuts retail prices of gasoline and diesel (8)

（Xinhua）  15:07, November 16, 2012

A citizen fuels his car at a self-serve gas station in Sanya City, south China's Hainan Province, Nov. 16, 2012. China cut the retail prices of gasoline by 310 yuan (49.2 U.S. dollars) and diesel by 300 yuan per tonne starting from Friday. The move, following two consecutive rises, was the fourth such cut this year. It was made in response to recent crude price fluctuations on the global market, according to the National Development and Reform Commission (NDRC), the country's top economic planner. (Xinhua/Chen Wenwu)


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（Editor：李倩、梁军）

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