Reforming the Financing System for the Road Sector in the People’s Republic of China
Asian Development Bank | August 2015
Abstract
The People’s Republic of China (PRC) 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.
Citation
Asian Development Bank. 2015. Reforming the Financing System for the Road Sector in the People’s Republic of China. © Asian Development Bank. http://hdl.handle.net/11540/5098. License: CC BY 3.0 IGO.PDF ISBN
978-92-9254-952-7
Print ISBN
978-92-9254-951-0
Keywords
Funding roads
Road construction and maintenance
Reform
Transport
Transportation
Regional Economic Integration
Intraregional Trade
Economic integration
Transport projects
Urban transport
Automobile industry
Vehicle
Communication and traffic
Air transportation industry
Transportation industry
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Citable URI
http://hdl.handle.net/11540/5098Metadata
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