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China ready to levy fuel tax

China unveils scheme for fuel tax reform

China unveiled its long-awaited plan on fuel tax reform on Friday, hiking the fixed amount of money levied on oil consumption, while phasing out some fees levied on drivers. Full story

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Fuel Tax

What is fuel tax?

A fuel tax is a sales tax imposed on the sale of fuel. In most countries, the fuel tax imposed on fuels which are intended for transportation.

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Official: China's fuel prices will drop under new fuel-pricing system

GMT Xinhua English BEIJING, Dec. 9 (Xinhua) -- China's existing pump prices will go down a bit as the country begins reform of fuel taxation and refined oil product pricing system, which is expected to take place on Jan. 1 of 2009, Xu Kunlin, vice head of the pricing department at the National Development and Reform Commission, said here on Tuesday.

Toll on 60% 2nd-tier roads to be lifted

GMT China Daily A day after the government announced an increase in fuel taxes, it offered vehicle owners some relief with a plan to abolish toll fees on 60 percent of the second-tier roads in the country.

China explains more on proposed refrom of fuel tax, pricing

GMT Xinhua English BEIJING, Dec. 6 (Xinhua) -- China on Saturday gave further explanation on the proposed reform of fuel tax and pricing in a bid to dispel misunderstanding that a higher consumption tax will mean higher pump prices.

China unveils scheme for fuel tax reform

GMT China Daily China unveiled its long-awaited plan on fuel tax reform on Friday, hiking the fixed amount of money levied on oil consumption, while phasing out some fees levied on drivers.

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Drivers to gain from fuel reform plan

GMT China Daily Most motorists believe they will be better off under the government's proposed fuel tax system, a new survey has revealed.

Fueling reform in the pipeline

GMT China Daily China is on the threshold of the long-awaited fuel tax implementation.

Most Chinese favor fuel tax reform plan

GMT Xinhua English BEIJING, Dec. 13 (Xinhua) -- In just one week, 48,643 people commented on China's draft plan to reform fuel taxation, most of whom welcomed the change, the National Development and Reform Commission (NDRC) said here on Saturday.

Motorists may end up paying less for fuel

GMT China Daily Car owners could pay less for gas after the government adjusts the retail fuel tax from January 1.