Fuel tax reform needs more transparency

The 10-year overdue fuel taxation reform has finally come into public view.

According to the draft plan unveiled on Dec 5 by the National Development and Reform Commission (NDRC), the country's top economic planner, and three other government agencies on fuel taxes and the pricing of refined oil products, gasoline taxes will be raised to 1 yuan per liter from 0.2 yuan and diesel taxes to 0.8 yuan per liter from 0.1 yuan.

Taxes on other oil products will also be raised. The plan is due to be put into effect on January 1.