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Chinese ministry rules out sudden fuel price hike

The government ruled out any immediate increase in fuel prices on Friday despite increasing market speculation about a possible hike, top pricing officials said. Officials at the National Development and Reform Commission (NDRC) said the recent oil... ...full story at People's Daily

from People's Daily on Sat, May 09 2009

see also:

09 Jun 08 visit Oil Wars: Chinese Corp. pt.4/5  »  YouTube videoChina National Petroleum Corporation (CNPC), can be traced from the beginning as a governmental department of the PRC government. In 1949, the Chinese government formed a Fuel Industry Ministry dedicated to the management of fuel. In January 1952 a sub...
13 Jan 09 visit NDRC rules out fuel price cuts  »  People's Daily The National Development and Reform Commission has ruled out a further reduction in the prices of gasoline and diesel, despite the fall in global crude prices. The NDRC, which sets energy policy and fuel prices in China, said it would not lower the...
21 Jun 08 visit NDRC: Latest fuel, electricity price rise part of "steady" reform on resources prices  »  People's Daily National Development and Reform Commission (NDRC) experts told Xinhua on Friday that Thursday's move to raise fuel and electricity prices was intended to adjust market supply and demand and better allocate resources with the leverage of pri ...
28 Nov 08 visit Fuel tax unlikely to hike inflation  »  People's Daily China's impending fuel tax reforms would not lead to a substantial hike in the country's inflation level as consumer prices are softening and the global and domestic economies are slowing, analysts said. The National Development and Reform Commission...
29 May 09 visit China's economy regulator denies fuel price hike  »  People's Daily China's fuel price will remain at current level and will not be increased during the weekend, said an official from the National Development and Reform Commission (NDRC) on Thursday. The official who declined to be named told Xinhua the country would...
19 Apr 08 visit Urban real estate prices up 11% in China in Q1  »  People's Daily Property prices in 70 large and mid-sized Chinese cities rose 11 percent year-on-year in the first quarter, the National Development and Reform Commission (NDRC) said on Friday. The price hike is 0.8 percentage points higher than th ...

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