Development and Reform Commission: Supporting the Development of Circular Economy Policy will be reported to the State Council in the near future

Xie Zhenhua, deputy director of the National Development and Reform Commission, said at the launching ceremony of the circular economy forum and circular economy expert line that the National Development and Reform Commission has coordinated with the relevant departments to propose relevant policies to support the development of circular economy and will report to the State Council in the near future. Industry sources believe that the levy of resource tax will become an important part of this policy.
According to the Shanghai Securities News report on the 6th, Xie Zhenhua said that recently, the National Development and Reform Commission has strengthened its guidance on circular economy work. This work has received support and cooperation from the Ministry of Finance, the Ministry of Science and Technology, the Ministry of Environmental Protection, and the Engineering Academy. At present, relevant departments have coordinated and proposed relevant policies to support the development of circular economy, and will be reported to the State Council in the near future.
At present, China’s resource tax only collects certain mineral products and salt, and the scope of taxation is narrow, which restricts the guiding role of tax policies. Jia Kang, director of the Institute of Fiscal Science of the Ministry of Finance, suggested that taxation of resource taxes should be considered with emphasis on energy taxes and other preferential tax measures that increase the development and promotion of new energy and clean energy, and leverage the role of taxation to promote the development of resources. Energy-saving, environment-friendly industries, companies, and process technologies.
Liao Xiaojun, deputy finance minister, also revealed in March that the Ministry of Finance had already prepared for the collection of resources and would release it at an appropriate time.