·China's oil products are fully moving towards the national V standard

Recently, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Environmental Protection, the Ministry of Commerce, the State Administration for Industry and Commerce, the General Administration of Quality Supervision, Inspection and Quarantine and the National Energy Administration jointly issued a notice on the issuance of the Work Plan for Accelerating the Quality Upgrade of Refined Oil. China will start the sixth phase of gasoline and diesel. (National VI) standard setting work, strive to be promulgated at the end of 2016, and implemented in 2019. This also means that the pace of oil product upgrades in China has further accelerated.
The plan is clear. From January 1, 2016, 11 provinces and cities in the eastern region (Beijing, Tianjin, Hebei, Liaoning, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong, and Hainan) will supply a full range of motor gasoline that meets the national V standard. (including E10 ethanol gasoline), vehicle diesel (including B5 biodiesel). From January 1st, 2017, the country will supply a full range of vehicle gasoline (including E10 ethanol gasoline) and vehicle diesel (including B5 biodiesel) in line with the national V standard, while stopping domestic sales below the national V standard vehicle steam and diesel. .

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