Airlines enter high season as fuel prices up
2006-04-10 10:32:15
From April 10 air travelers in China will pay up to 20 yuan in surcharges as airlines find new ways to cope with rising fuel prices.
Airline tries to battle fuel cost
2006-05-11 07:18:17
Cathay Pacific Airways has increased its hedging ratio to offset the pressure of rising fuel costs, which could be further eased when the mainland authorities allow it to operate flights to and from Shanghai.
Higher oil prices fuel tax-for-fee reform
2005-03-25 16:06:19
While the Chinese Government is still waiting for the right time to levy a tax on fuel used by vehicles, domestic oil prices have climbed again.
China to advance efficiency in oil sector
2006-03-17 17:39:36
China plans to increase its refinery capacity by 31.6 per cent and more than double its ethylene production by the year 2010, the country's top economic policy planner said yesterday.
Buyers of big cars have to pay more tax
2006-03-23 05:54:02
Buyers of big cars will fork out more tax while those who opt to buy smaller models will pay less from April 1.
China's fuel tax subject to oil prices
2006-03-11 17:38:43
Tax rebate for oil products reintroduced
2006-01-06 17:37:33
China has resumed a previous policy of giving tax rebates for the export of certain oil products.
Air firm wants end to fuel monopoly
2005-09-17 15:29:01
SHANGHAI: China Eastern Airlines announced on Friday that it suffered losses because of recent fuel price hikes, and called for an end to the monopoly of fuel supply in the domestic market.
Petroleum market to be tight in 2nd half
2005-08-09 17:36:27
Although China's apparent consumption of petroleum had hardly increased in the first half of this year, its market demand for petroleum still kept rising, and the petroleum market might face more pressure, experts said Monday.