国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

China / Government

Li says nation to impose sales tax on coal

By Lyu Chang (China Daily) Updated: 2014-09-30 07:42

China is planning to impose a tax on coal that will take effect on Dec 1, Premier Li Keqiang said on Wednesday during an executive meeting of the State Council.

The new levy will be a sales tax on coal and will replace the current tax based on output volume.

"China's resource tax reform plan for the coal industry is a major step in the reform of the fiscal and taxation systems," the premier said. "Currently, the resource tax on oil and gas has been conducted thoroughly. Along with the new resource tax on coal, a dual pricing system on resources will be established."

Jia Kang, head of the Research Institute for Fiscal Science of the Ministry of Finance, said reform of the coal tax will likely hike the price of coal and will result in greater energy efficiency, emissions reductions and a balancing of China's energy mix.

He predicted that if the new coal tax is about 3 to 5 percent of the coal sales value, this will increase the tax on each metric ton of coal to up to 10 yuan ($1.60) per ton.

China's coal sector has in recent years been hit hard by stagnant inventories and falling prices.

From January to August, China produced 2.52 billion tons of coal, down 1.4 percent from the same period in 2013, according to the China Coal Industry Association.

The coal sold over that period fell by 1.6 percent year-on-year to 2.4 billion tons.

Highlights
Hot Topics
...
新泰市| 高青县| 东兰县| 巧家县| 台南市| 台北市| 通海县| 隆回县| 松溪县| 吴桥县| 区。| 聂拉木县| 寿阳县| 五峰| 西昌市| 宜都市| 扶余县| 离岛区| 县级市| 沂源县| 静海县| 合川市| 闽侯县| 元谋县| 襄樊市| 隆林| 定安县| 土默特左旗| 涞源县| 岑溪市| 尚义县| 夏邑县| 民丰县| 华安县| 德昌县| 繁峙县| 黄冈市| 连山| 杭州市| 化州市| 榆中县|