TITLE

Scheme for Oil Comprehensive Price Readjustment

PUB. DATE
April 2006
SOURCE
China Chemical Reporter;4/16/2006, Vol. 17 Issue 11, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the increase in the prices of oil products since March 26, 2006 in China according to the National Development and Reform Commission. Moderate subsidies for vulnerable groups and public welfare sectors will be established. Also to be imposed is a special income compensation on oil producers that sell domestic crude oil. An explanation is provided on the rate of special income compensation and the calculated reduction amount.
ACCESSION #
20543523

 

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