BEIJING—China has suspended its plan to implement a nationwide gasoline blend containing 10 percent ethanol this year, three sources briefed on the matter said, following a sharp decline in the country’s corn stocks and limited production capacity of the biofuel.
Beijing announced in September 2017 that the national gasoline supply would contain 10 percent ethanol from 2020, part of a broad reform of its corn industry that at the time was suffering from a massive surplus.
