China considers doubling oil, gas resource tax to 10%

摘要

Singapore-China is considering doubling its resource tax on crude oil and natural gas to 10%, the Shanghai Securities News said May 5, citing a government document on the revised regulations. The National Development and Reform Commission, the country's top economic planning agency, introduced a 5% resource tax on oil and natural gas in the Xinjiang Uygur autonomous region in June 2010.