The National Development and Reform Commission, the nation's top economic planner, announced Thursday that gasoline prices would drop by 155 yuan ($23.5) per ton, while diesel prices would be cut by 150 yuan per ton.
After the cut, the price per liter of 90-octane gasoline and diesel No.0 in Beijing will drop nearly 2 percent and 2.3 percent from the current prices of 5.66 yuan and 5.67 yuan, respectively.
