www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Industries

China to raise crude product consumption tax

(Xinhua) Updated: 2014-11-29 09:15

China will raise the consumption tax on crude oil products beginning Saturday, to help cut emissions and boost green economy.

It is the first adjustment since the previous increase in 2009, the country's top finance and taxation departments jointly announced Friday.

The consumption tax on gasoline will rise from 1 yuan ($0.16) to 1.12 yuan per liter while that on diesel from 0.8 yuan to 0.94 yuan per liter, according to the Ministry of Finance (MOF) and the State Administration of Taxation.

The measure will take effect on Saturday.

The tax adjustment will offset the impact from the crude oil price drop in the international market, as analysts estimated fuel costs for drivers are likely to remain flat after the move.

The National Development and Reform Commission, China's top economic regulator, announced on Friday after fine-tuning the tax that it will maintain retail fuel prices at the current level, reversing market expectations for the ninth price cut since July.

The tax raise involves other petroleum products including naphtha, lubricating oil and jet fuel, while small-displacement motorcycle, tire and ethyl alcohol were exempted from the tax to reduce burdens on the low and middle-income group.

China initiated fuel tax and pricing reforms five years ago, lifting consumption tax and launching a pricing system more closely linked with international market.

A consumption tax was firstly imposed in 1994 on consumer goods with a high energy cost and high pollution in order to guide production and consumption toward being environmentally-friendly and to promote a sustainable economic growth model.

Over ten countries including Russia, Australia, New Zealand and France have raised their oil product consumption tax since 2012 to ensure green development.

The increased income from the tax lift will be used in pollution control and the battle against climate change, as well as encouraging purchase of new energy vehicles to promote energy saving.

A research institute under Sinopec Group projected the increased income will be 40 billion yuan a year based on the data of 2013, when Chinese drivers consumed 94.19 million tons of gasoline and 170 million tons of diesel.

"Tax adjustment of petroleum products is a global trend and underlines the urgent need to promote the green economy worldwide," said Liu Shangxi, director of the Research Institute for Fiscal Science of the MOF.

Liu said the move will save oil resources and contribute to emission cuts. Auto exhausts are a major cause of air pollution.

Bai Chongen, vice president of Tsinghua University School of Economics and Management, said the adjustment will benefit the new energy sector and push a healthy and sustainable growth mode.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久久精品国产99久久72 | 精品特级一级毛片免费观看 | 国产高清在线精品一区a | 日本暖暖视频在线播放 | 国产色视频一区二区三区 | 国产情侣普通话刺激对白 | 亚洲品质自拍视频网站 | 欧美成人午夜免费完成 | 免费a网址| 国产精品一区二区丝瓜 | 亚洲人成片在线观看 | 免费国产不卡午夜福在线 | 三级全黄的全黄三级三级播放 | 韩国毛片一级 | 亚洲视频高清 | 国产一区二区三区免费在线视频 | 国产精品blacked在线 | 精品精品国产欧美在线观看 | 孕妇一级片 | 亚洲日产综合欧美一区二区 | 99在线视频精品 | 人人爽人人香蕉 | 国产精品videosse | 久久福利影视 | 日本免费一级 | 中文字幕一二区 | 欧美一级毛片兔费播放 | 亚洲 自拍 欧美 综合 | 日本三级一区二区三区 | 日本一区二区三区不卡在线视频 | 天天躁日日躁狠狠躁一级毛片 | 网禁呦萝资源网站在线观看 | 国产欧美一区二区精品久久久 | 91年精品国产福利线观看久久 | 免费观看性欧美一级 | 欧美在线一级毛片观看 | 白嫩美女一级毛片免费看 | 国产一级做a爰片... | 精品99在线观看 | 亚洲欧美综合国产精品一区 | 日韩经典在线观看 |