Long Process To Link Oil Prices With International Market

China has a long way to go before it can link its oil products prices with the international market, a senior official of the country's top economic planner said Tuesday.

"The linkage of China's oil prices with international market will be a gradual process because it will take a period of time for Chinese farmers and urban low- income people to accept the prices," Chen Deming, a vice chairman of the National Development and Reform Commission, told a news conference.

China's gasoline, diesel and kerosene prices are controlled by the government. Gasoline prices in China are slightly lower than in the U.S., said Chen.