China to implement water resource tax nationwide from December 1, 2024

On October 16,2024, the Ministry of Finance of China issued the “Implementation measures for water resource tax reform pilot” and announced that the water resource tax will be implemented nationwide from December 1, 2024. China started the polit projects to switch from water resource fees to water resource taxes in nine provincial-level regions in 2016, including Hebei, Beijing, and Henan.