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Legal and Regulatory

Resource tax slated to rise
By STAFF EDITOR
Published: July 17, 2007 01:21 PM
The chairman of the National Development and Reform Commission (NDRC), Ma Kai, said it was likely authorities would increase the resource tax rate in the second half of the year to encourage more efficient use of resources, the Beijing Morning Post reported. Ma did not reveal further details on the proposed hike. He also told the newspaper the country would continue to reform pricing mechanisms for oil products, natural gas and coal ...
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