It's being reported that China's top economic regulator is planning to keep fuel price adjustments on hold for the time being.
The National Development and Reform Commission is said to be planning to suspend its price adjustments as it moves to revises its current oil pricing mechanism.
The NDRC first announced the suspension of fuel price adjustments on December 15th.
Under the current mechanism, fuel prices are reviewed every 10 working days, and adjusted if the price of oil goes up or down by a certain level during that period.
Source:
http://english.cri.cn/12394/2015/12/29/4061s910575.htm