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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.

BEIJING, April 8 (Xinhua) -- Top Chinese legislator Wu Bangguo met here Thursday with President of Malaysian Senate Wong Foon Meng, vowing to enhance parliamentary exchanges.Wu, chairman of the Standing Committee of the National People's Congress (NPC), said China and Malaysia were close neighbors, and the bilateral ties had further developed since the two countries forged the strategic and cooperative partnership in 2004.The two countries had strengthened political trust, economic and trade cooperation, personnel exchanges, and coordination in international and regional affairs, he said.Malaysia is a member of the Association of the Southeast Asian Nations(ASEAN) and forged diplomatic ties with China in 1974."Expanding relations with Malaysia is in the interest of the two peoples and conducive to regional peace and prosperity, and will push forward the cooperation between China and the ASEAN," Wu said.He noted the NPC had maintained sound relations with the Malaysian parliament, but still closer cooperation and exchanges in different forms were needed.Wong Foon Meng voiced his hope to promote exchanges between the parliament members of the two countries.Wang Zhaoguo, vice chairman of the NPC Standing Committee, also met with Wong Foon Meng Thursday afternoon.

来源：资阳报