Home About us Reports Charts News Custom Company Scan  
Report Charts News
Title Content
Life Sciences
  Metals & Minerals
Public Sector
  Finance Service
  Real Estate
Technology And Media

Tel: 0086-10-82600828
Fax: 0086-10-82601570

 Gov't adjusts resource tax rate
CreateTime:2011-09-23     Source:china.org Editor:qulina
Text Size:       

The State Council, or China's cabinet, announced on Sept. 21 the adjustment of China's resource tax rate for crude oil and natural gas.

The announcement, which came out of an executive meeting of the State Council chaired by Premier Wen Jiabao, came after officials agreed to link the resource tax to sale prices for crude oil and natural gas and adjust resource tax rates for the two products.

The resource tax is currently linked to sale quantity only.

The State Council also used the meeting to adopt a national five-year plan to improve safety conditions in the nation's workplaces.

The country currently faces an arduous task in improving work safety, as rapid industrialization and urbanization have made workplace accidents more commonplace, according to a statement issued after the meeting.

Local governments should make work safety one of their top priorities and enhance their supervision of local companies, the statement said.

By 2015, companies across the country should improve their ability to prevent accidents, while government departments should improve their ability to supervise these companies, the statement said.

The State Council also ordered local governments to improve regulations regarding the recycling of waste products in order to prevent environmental pollution.

Related Reports
Global and China Synthetic Rubber Industry Report, 2021-2027
Global and China Carbon Fiber Industry Report, 2021-2026
China Coal Tar Industry Report, 2020-2025
Global and China Dissolving Pulp Industry Report, 2019-2025
Global and China 1, 4-butanediol (BDO) Industry Report, 2019-2025
2005-2021 www.researchinchina.com All Rights Reserved 京ICP备05069564号-1