China's price-control body, the NDRC, is reducing petrol and diesel prices by 5% from Saturday.
The second cut in a month reflects sharp falls in world crude oil prices.
On Thursday, China's central bank cut the cost of borrowing for the first time for four years amid fears of a sharp economic slowdown
Many fear the world's second biggest economy is faltering, and economic data for May, due to be released on 9 June, is expected to be disappointing.
Source & Image : BBC
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