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    Reforming the Financing System for the Road Sector in the People’s Republic of China
    Unavailable
    Reforming the Financing System for the Road Sector in the People’s Republic of China
    Unavailable
    Reforming the Financing System for the Road Sector in the People’s Republic of China
    Ebook326 pages2 hours

    Reforming the Financing System for the Road Sector in the People’s Republic of China

    By Asian Development Bank

    ()

    Currently unavailable

    Currently unavailable

    About this ebook

    The People's Republic of China implemented the Fuel Tax Reform in 2009. It abolished a range of provincial and local government fees and increased the central government tax on motor vehicle fuel. This reform centralized the government revenues for the sector, but various issues remain. This publication analyzes the implications of the reform on the operation and maintenance of ordinary roads. It recommends the formation of a National Road and Funding Administration, responsible for the national road programs and policy, and the creation of a central road trust fund to finance the operation and maintenance of ordinary roads.
    LanguageEnglish
    PublisherAsian Development Bank
    Release dateAug 1, 2015
    ISBN9789292549527
    Unavailable
    Reforming the Financing System for the Road Sector in the People’s Republic of China

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