China's top legislature Friday voted to adopt a law on vehicle and vessel taxation, which is aimed at standardizing taxation and promoting environmental awareness and energy efficiency.

China's 199 million vehicles are currently subject only to a regulation on vehicle and vessel tax that took effect in 2007.

Related

• China to vote on draft law for vehicle taxes
• China reviews vehicle tax bill
• Yacht sellers feeling sunk by tax proposal
• Chinese lawmakers to vet car tax, new labor rule

Go to Forum >>0 Comments