|
CHINA> National
![]() |
|
Chinese gov't mulls to impose fuel tax
(Xinhua)
Updated: 2008-11-20 19:45 BEIJING - China has been studying a fuel tax reform to replace the current road tolls imposed upon vehicles, the National Development and Reform Commission (NDRC), the country's top economic planner, announced here on Thursday. The announcement came after media reports said on Wednesday that the government was likely to impose the fuel tax as early as next month.
The planner didn't specify when to launch the long-awaited reform. The introduction of a fuel tax in China was first proposed in 1994 but has been delayed amid concerns that it would impose too great a burden on those who consumed more oil. The government has instead collected road maintenance fees from automobile users regardless of how much gasoline or diesel oil they use. Analysts said the on-going oil price drop presented a good opportunity for China to resume its fuel tax reform. World crude oil prices fell to the current US$53.62, down more than 60 percent from the peak price of US$147 in mid-July. |
||||
那坡县| 靖安县| 贵南县| 邳州市| 台东县| 丹寨县| 霍山县| 淮滨县| 怀来县| 钟山县| 临海市| 民乐县| 商丘市| 东方市| 平安县| 彭阳县| 绥化市| 郁南县| 班玛县| 鸡泽县| 右玉县| 阳高县| 明星| 唐山市| 普兰店市| 治县。| 金溪县| 乌拉特前旗| 个旧市| 梁平县| 长乐市| 朝阳区| 綦江县| 阿城市| 宿松县| 太白县| 高平市| 临朐县| 香格里拉县| 湟源县| 邢台县|