China will cut retail prices of gasoline by 365 yuan ($58) per ton, or 0.27 yuan per liter, and for diesel by 350 yuan per ton, or 0.3 yuan per liter, from Tuesday because of falling international oil prices, the central government's economic planning agency said on Monday, the latest in a string of cuts that started in July 2014.
The National Development and Reform Commission, which can adjust price ceilings on a bi-weekly basis, posted the statement on its website.
Authorities have separately raised consumption taxes on fuel three times in recent months.
China started a new fuel pricing system in March 2013 with a closer link to the global price of crude oil.
The table above provides information on the recent fuel price changes in China. The prices listed are retail ceilings－companies are allowed to charge less, but not more.
Gasoline prices are of benchmark 90-octane grade, though most of the grades sold in Chinese cities are of 93-octane or higher.
The new prices in the table are mostly national averages. Each Chinese province has slightly varying ceiling prices.
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