China's environmental tax plan now with Cabinet- Assn
BEIJING Jan 26 (Reuters) - 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. (Reporting by Jim Bai and Chen Aizhu; Editing by Ken Wills)
© Thomson Reuters 2016 All rights reserved