China cuts gasoline, diesel prices

Updated: 2013-04-24 18:34


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BEIJING - China will cut the retail prices of gasoline by 395 yuan ($63.32) per tonne and diesel by 400 yuan per tonne starting Thursday, the country's top economic planner said Wednesday.

The benchmark retail price of gasoline will be lowered by 0.29 yuan per liter and diesel by 0.34 yuan per liter, announced the National Development and Reform Commission.