Economy

China's environmental tax plan submitted to State Council

(Agencies)
Updated: 2011-01-26 13:23

BEIJING - 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.