China will impose nationwide a tax on oil and gas drilling and other resource industries to raise money for development in poor western regions, an official said Thursday.
Beijing is carrying out a test of such a tax in its oil-rich western region of Xinjiang and plans to expand it gradually to the whole country, said Du Ying, a vice chairman of the country's planning agency, the National Development and Reform Commission.
"The reform will clearly increase the local fiscal income of the resource-rich western regions," Du said at a news conference. He gave no timetable for expanding the tax.
The 5 percent tax in Xinjiang, imposed last …
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