Plan introduced to address oil price hikes
2006-04-04 14:32:08
The central government has adopted a comprehensive and coordinated oil price readjustment plan to counter the effects of international oil price hikes. In a Xinhua News Agency report on March 26, officials with the National Development and Reform Commission (NDRC) explained the main points of the plan.
China to reform oil pricing mechanism
2005-10-30 09:03:26
China will reform its long-debated oil pricing mechanism by making the prices of its processed oil more responsive to the global oil price fluctuation, said a senior official.
Official rules out oil crises in China
2005-08-22 15:36:53
China's economic planners ruled out the possibility of an oil crisis in China, days after an oil shortage boxed up the booming Guangdong Province.