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Mar 21, 2013

* CHINA - IMPOSED STRINGENT FUEL ECONOMY

* China - Unveils tougher fuel economy standards 

Beijing,China -Reuters/AW -20 March 2013: -- China imposed long-debated stringent fuel economy standards on Wednesday, making life tougher for cash-strapped small domestic brands that are already struggling amid a slowdown of the world's biggest auto market... The rules, jointly issued by five government bodies including the National Development and Reform Commission, would improve passenger cars' average fuel consumption to 6.9 liters per 100 kilometers (34.4 mpg) by 2015 and further to 5.0 liters (47.7 mpg) by 2020... The latest data on passenger car fuel consumption in China was not immediately available. It stood at 7.8 liters per 100 kilometers (29.5 mpg) in 2009, said John Zeng, Asia Pacific director of consultancy LMC Automotive... The new rules come at a time when environmental complaints have sparked unrest and even riots in some parts of the country... Chinese Premier, Li Keqiang, pledged on Sunday that his government would show even greater resolve in tackling China's pollution crisis...

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