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BEIJING, April 13 (Xinhua) -- China's top economic planner said late Tuesday it would raise prices of gasoline and diesel both by 320 yuan (46.88 U.S. dollars) per tonne from April 14.This comes as the first such move in nearly five months since it raised gasoline and diesel prices both by 480 yuan per tonne in November 2009.The benchmark price of gasoline will be 7420 yuan per tonne and diesel 6680 yuan per tonne, according to the National Development and Reform Commission (NDRC).The price rises translate into mark-ups of 0.24 yuan and 0.27 yuan per liter, the measurement used at service stations in China. Photo taken in the wee hours on April 14, 2010 shows the price board at a gas station in Shenyang, northeast China's Liaoning Province. The National Development and Reform Commission (NDRC), China's top economic planner, said late Tuesday it would raise prices of gasoline and diesel both by 320 yuan (46.88 U.S. dollars) per tonne from April 14.China adopted a new oil pricing mechanism at the start of 2009 that allows the NDRC to adjust retail fuel prices when the international crude oil price changes more than four percent over 22 straight work days.International crude oil prices had kept rising since mid-February, and the 22-day moving average of global crude oil prices had gone above four percent, said Cao Changqing, head of the NDRC's pricing department.The decision was also made based on domestic economic conditions and oil consumers' ability to shoulder price rises, he said.After the price change, the government would continue to grant subsidies to farmers and the sectors of fishing, forestry, public transportation. Taxi drivers would also get a temporary subsidy.

GENEVA, April 20 (Xinhua) -- China on Tuesday asked the World Trade Organization to set up an expert panel to rule whether the European Union's antidumping duties on Chinese-made footwear violates global trade regulations.At a meeting of the WTO's Dispute Settlement Body, the Chinese delegation reiterated that the EU's antidumping measure was inconsistent with related WTO agreements and it impaired China's benefits."China requests the DSB to establish a panel to ensure the protection of China's legitimate rights and benefits under the WTO agreements," the delegation said in a statement.The delegation said that it was taking the action after the latest consultations with the EU on March 31 failed to resolve China's concerns and "no mutually satisfactory solution could be reached."The delegation's statement also urged the 27-nation bloc to bring its legislation in line with WTO agrements and "to terminate the measure on Chinese footwear on account of their inconsistency with WTO rules."The EU said it regretted the step take by China and blocked the panel request. But according to the WTO's dispute settlement procedures, a panel request can be blocked only once, which means the panel would be established automatically if China makes a second request at a DSB meeting scheduled for next month.China first brought the dispute to the WTO on Feb. 4, which initiated a 60-day consultation period between the two sides.A panel request is the second step in the WTO's dispute settlement procedure following unsuccesful consultations in finding a resolution.

SHANGHAI, April 28 (Xinhua) -- After nearly eight years of preparation and six rounds of trial operation, Shanghai is ready for the 184-day World Exposition which opens May 1.Some 189 countries and 57 international organizations have confirmed their participation in the largest-ever expo which is expected to attract more than 70 million visitors from all over the world.During the expo trial, more than one million people savored the charms of the marvelous pavilions at the World Expo site.Yang Xiong, executive vice mayor of Shanghai, said Wednesday, through the expo trial, the organizers gained experience, found problems and made adjustments."We examined facilities, improved systems, trained staff and improved services thanks to the trial rounds," he said.

BEIJING, April 23 (Xinhua) -- China's anti-graft chief He Guoqiang Friday urged the country's discipline inspection and supervision authorities to enhance their capabilities and to win public trust.He, head of the Communist Party of China (CPC) Central Commission for Discipline Inspection, made the call at a meeting in Beijing.Constant efforts must be made in ideological education, professional training and institution building, said He, also a member of the Standing Committee of the Political Bureau of the CPC Central Committee.The authorities must refrain from abusing their powers for illicit gains and handle legal cases in accordance with discipline and law, and must not leak the information of petitions or whistle-blowers, He said.He also called on the authorities to be more willing to subject themselves to public supervision and to be more approachable, trustworthy and respected.

BEIJING, April 1 (Xinhua) -- China's average daily stock trading volume at the Shanghai Stock Exchange shrank 35.2 percent month on month to 96.85 billion yuan (14.2 billion U.S. dollars) in February, the People's Bank of China (PBOC) said Thursday.China's stock market was closed from Feb. 13 to 19, for the Spring Festival, the most important Chinese traditional holiday.Analysts held that trading was normally bleak in the Spring Festival month, as some investors preferred to cash in profits before going back to hometowns for family gatherings and some were cautious before the release of new economic data after the holiday.The Spring Festival fell in January last year. The daily average stock turnover was down 3.38 billion yuan to 65.4 billion yuan in January 2009 compared with December 2008, according to the PBOC.The benchmark Shanghai Composite Index edged up 110.58 points from Feb. 1 to 3,051.94 points on Feb. 26 this year, the last trading day in the month, the central bank said in a financial market report released Thursday on its official website.China's financial market kept its smooth run in January and February, said the PBOC.The Shanghai Composite Index gained 1.23 percent, or 38.32 points, to end at 3,147.42 points Thursday. The turnover at the Shanghai Stock Exchange was 154 billion yuan, showing investors' heartened confidence in economic recovery.Thursday's official figures revealed that the Purchasing Managers' Index (PMI) for China's manufacturing sector stood at 55.1 percent in March, up 3.1 percentage points from February, the 13th straight month that the index was above 50 percent.

来源：资阳报