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China levies resource tax in Xinjiang
Source: Xinhua |
June 2, 2010, Wednesday
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Online Edition
Online Edition
CHINA yesterday started to levy 5 percent of resource tax on sales of crude oil and natural gas in Xinjiang Uygur Autonomous Region, the Ministry of Finance said today.
The move, taken to raise revenue for the resource-rich Xinjiang, marks a crucial step to save the use of natural resources via higher consumption cost.
The move, taken to raise revenue for the resource-rich Xinjiang, marks a crucial step to save the use of natural resources via higher consumption cost.
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