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

Asian Development Bank (adb), Asian Development Bank (adb) (), Asian Development Bank (adb) and Asian Development Bank (adb)
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Asian Development Bank (adb): East Asia Department, ADB
Asian Development Bank (adb): East Asia Department, ADB

No RPT157529, ADB Reports from Asian Development Bank (ADB)

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.

Keywords: national road funding; prc roads; china road transport; fuel tax reform; ordinary road networks; road maintenance; prc road sector; 43410-012; adb technical assistance; china public policy; twelfth five-year plan; nrfa (search for similar items in EconPapers)
Pages: 166 pages
Date: 2015-08
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http://www.adb.org/sites/default/files/publication ... -road-sector-prc.pdf (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:asd:wpaper:rpt157529

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