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Beijing gasoline more expensive than America's
www.chinanews.cn 2005-03-30 13:24:18
Chinanews, March 29 - For the same quality of gas, Beijing residents end
up paying 77 yuan more per month than people in the United States. Last
week, China adjusted gas prices--up 0.25 yuan per liter on average--for
the first time this yearIn the first week of March, a liter of No.93
gasoline, the most popular fuel in the Chinese market, cost 3.92 yuan per
liter in Beijing, while a comparable No.93 fuel in the United States cost
an average of two dollars per gallon (4.36 yuan per liter). In addition,
the retail price of gasoline in the United States includes all taxes,
while Beijing collects a 120 yuan road maintenance fee for each car per
month.
For American families, a car consumes 25 gallons of gasoline per month on
average, or 94.625 liters (one gallon=3.785 liters). It costs 50 dollars
or 413.83 yuan according to the basic exchange rate (one dollar =8.2766
RMB). Calculated by the price in Beijing, the total cost of 94.625 liters
of No.93 gasoline is 370.93 yuan. Adding the 120 yuan road maintenance
cost, the total cost is 490.93 yuan, 77.1 yuan more than that in America
each month.
E-mail: zhangqinghua@chinanews.com.cn Tel: 8610-88387443 Fax:
8610-68327649
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