Hey there! Have you heard the news from China? 🇨🇳 Starting Tuesday, China is cutting the prices of gasoline and diesel. That means it’ll be cheaper for people to fill up their cars and trucks! 🚗💨
The prices are going down by 230 yuan (about $32) per tonne for gasoline and 220 yuan per tonne for diesel. This change is happening because international oil prices have dropped recently, and China wants to pass those savings on to everyone.
The National Development and Reform Commission (NDRC), which is China’s top economic planner, announced this on Monday. They also told big oil companies like China National Petroleum Corporation, China Petrochemical Corporation, and China National Offshore Oil Corporation to make sure there’s plenty of fuel available. They want to keep the supply steady so that everyone who needs fuel can get it.
Plus, authorities are keeping an eye on the market to make sure everything stays fair. They’re working hard to stop any activities that might break price rules or hurt the market order.
This is great news for drivers in China! Cheaper fuel can make traveling and transporting goods less expensive. What do you think about this change? Would you like it if fuel prices went down in your country too? 🚙💨
Reference(s):
cgtn.com
