Dean of IPPA Hu Yijian’s how to regard tax promotion on processed oil published on Kuangming Daily

Dean of IPPA Hu Yijian’s how to regard tax promotion on processed oil published on Kuangming Daily

Dean of IPPA Hu Yijian published how to regard tax promotion on processed oil on Kuangming Daily and he pointed out that tax promotion on processed oil is in a background that the contradiction between economic development and resource and environment is increasingly conspicuous and the task of energy conservation and pollution reduction is much more difficult. Promoting tax in a appropriate degree, could guide production and consumption, assist resource conservation and environment protection, and in long term, reduce the cost of atmosphere pollution governance.

This promotion is in a time that domestic petroleum price has experienced 8 times decrease and is facing the 9th and 10th. With no extra burden added to consumers, this promotion is benefit to market transition, a manifest of policy guide, and a new attempt to further future reform of consume tax and improve its adjustment effect.