China to extend resources tax nationwide: report

摘要

Sydney'China will extend a tax on oil and gas drilling and other resource industries across the nation, in a move designed to raise money for development in its poor western regions, an official said July 8, according to a report in the official China Daily. Beijing is conducting a trial of a resources tax in its oil-rich western region of Xinjiang and plans to expand the levy gradually to the entire country, said Du Ying, a vice chairman of planning agency, the National Development and Reform Commission.