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China to cut gasoline, diesel retail prices

News Consumer protection Law & Policy Updates
Date: 17th Apr, 2025 Source: Ministry of Human Resources and Social Security Country: China Original Source

Brief

"On 17/04/2023", the "National Development and Reform Commission" issued an update regarding "China to cut gasoline, diesel retail prices". The country will reduce gas and diesel prices based on international oil price changes. Gasoline prices will be slashed by 480 yuan per tonne and diesel prices by 465 yuan per tonne, effective Friday, aiming to ensure stable supply and market order. Relevant departments have been directed to intensify supervision and crack down on activities violating national price policies.

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Ministry of Human Resources and Social Security

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