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Wrong time to impose fuel tax

www.chinanews.cn 2005-03-10 14:54:22

According to Jin Renqing, Minister of Finance, China will undoubtedly
levy a fuel tax, but at an appropriate time. It was reported that in
order to reduce consumption of gasoline and diesel and protect the air
and the environment, China has already carried out feasibility
demonstrations centered on replacing toll charges with a fuel tax. But
time is not right to impose fuel tax at present.

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