China's environmental tax plan submitted to State Council
(Agencies)
2011-01-26 13:23
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BEIJING - China's landmark environmental tax plan has been submitted to the State Council, China's Cabinet, a petroleum and chemical industry association said on Wednesday.
Chinese media reported last August that three Chinese ministries would soon submit a proposal for an environmental tax on a trial basis.
The tax, likely to be levied on emissions of carbon dioxide and discharges of polluted water, would form part of Beijing's drive for a greener economic growth.
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