Nine pilot regions for water resource tax
chinadaily.com.cn |
Updated: 2017-12-01 06:40
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China will expand the water resource tax pilot program into nine additional provincial-level regions starting in December to strengthen the government's management of water resources, preventing waste and pollution, as a measure to get high-water-consuming industries to shift growth models, the Ministry of Finance said Tuesday.
According to the ministry, the tax will be collected based on usage of both surface and underground water in these regions, and the tax income will belong to local governments.
The pilot program was initially run in Hebei province starting July 1, 2016. Let's take a look at the newly added nine regions.
1 Beijing
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Miyun Reservoir, a major source of water for Beijing.[Photo/VCG] |
