Modification of injector, oil ring tension reduction and oil pump rotor re-matching with optimization of relevant engine control parameters could drive fuel consumption reduction of HSDI diesel engine. A 5 holes injector was replaced with a 6 holes with smaller nozzle hole diameter and 1.5 k factor, and evaluated in a view of fuel economy and emission trade-offs. With introducing smaller nozzle hole diameter injector, PM(Particulate Matter) was drastically decreased for low engine load and low engine rpm. Modification of oil pump and oil ring was to reduce mechanical friction and be proved to better fuel economy. Optimization of engine operating conditions was a great help for the low fuel consumption. Influence of the engine operating parameters· including pilot quantity, pilot interval, air mass and main injection timing on fuel economy, smoke and NOx has been evaluated with 14 points extracted from NEDC(New European Driving Cycle) cycle. The fuel consumption was proved to $7\%$ improvement on an engine bench and $3.7\%$ with a vehicle.