China says fuel price reforms supported
14-12-2008
China says the "great majority" of people support a long-awaited overhaul of the country's domestic fuel price regime, which officials have said for years is inefficient and unstable. The package of reforms, which were announced last week but go into effect from January 1, are aimed at letting gasoline and diesel prices move more regularly in line with the global market, and are seen making petrol cheaper in the short term. "Different sections of society have given a relatively high appraisal of the 'proposal'," a notice posted on the website of the National Development and Reform Commission (www.ndrc.gov.cn) said. "The great majority of people believe that the fuel tax reforms will ... be beneficial for the saving of resources and environmental protection," the notice said.
