China Considers To Impose Green Taxes On Textile Industry, The Largest Source Of Pollution.
In China's textile industry is an important industry, but the textile industry's unique ability to cut competitors' prices has paid a huge cost.
According to the monitoring report of the 2006 China Geological Environment Association, 70% of China's rivers, lakes and reservoirs are polluted.
Despite recent recognition by government officials of the seriousness of the situation, there is no sign of diminished emissions of toxic substances, persistent substances and bioaccumulative substances.
In China's textile industry is an important industry, but its unique ability to cut competitors' prices has paid a huge cost.
How to levy environmental taxes remains to be seen, especially in the context of rising wages and
Exit
After the slide.
In November, Joseph Lau, vice president of Hongkong Federation of industries, said that the minimum wage in the Pearl River Delta could increase by 16% to 20% in January of next year, Joseph Lau.
This means that local textile enterprises may expect a sharp rise in labour force, plus raw materials.
Price
Higher, highly labor-intensive and basic production.
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Companies will face significant challenges.
This week, all eyes are focused on the climate talks in Durban, South Africa, and the world waits for China to think about its next move.
According to information released on Tuesday by Ecotextile News, China's textile industry may face a new green tax, although the world's largest polluter is working hard to achieve its environmental goals in 2015.
In order to improve the chances of achieving the goal, the State Council of China will actively promote the tax related to the environment and study the Levy of environmental taxes.
Although China says its goal is to reduce GDP by $16% per 10000 yuan (US $1570) by 2015, it is equivalent to a reduction of 6.70 million tons of coal processing.
But in fact, according to the statistics of the Ministry of environmental protection, nitric oxide emissions are mainly polluted by an annual increase of 6.17%.
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