Gap be­tween changes to gas prices­may shorten

China Daily (Canada) - - BUSINESS -

The gov­ern­ment is con­sid­er­ing short­en­ing the time be­tween ad­just­ing nat­u­ral gas pric­ing to bet­ter re­flect do­mes­tic mar­ket fun­da­men­tals, se­nior plan­ning of­fi­cials said, fall­ing short of giv­ing a clear sig­nal if a much-an­tic­i­pated price cut is near. Price ad­just­ments have been once a year un­der a scheme that started in July 2013. The gov­ern­ment last ad­justed prices on April 1, ef­fec­tively merg­ing a two-tier pric­ing into one to track an oil mar­ket slump.

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