The Chinese government is considering levying an environmental tax to promote awareness of ecological issues amongst the general public. Liu Qifeng, deputy director of the Department of Planning and Financing under the State Environmental Protection Administration, confirmed: 'We are discussing the policies with the financial and taxation departments, and proposed measures will be unveiled soon ... the tax income will be channelled to environmental protection expenses.'
The government is also intending to attract foreign investment with its environmental protection policies. Hu Zhucai, deputy director of the Department of Foreign Capital Utilization has told reporters that measures are being discussed to open up more investment in China which will include favourable taxation rates.
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