Latest News:  
Beijing   Sunny    24 / 12 ℃  City Forecast

English>>China Business

Toll plan set to drain local finances

By Zuo Xiaolei (Global Times)

08:33, September 28, 2012

As required by the Ministry of Transportation, China's local governments recently rolled out plans to allow motorists to take to the country's highways and bridges free of charge during the upcoming 8-day holiday.

With more than 70 percent of the world's toll roads located in China, the country obviously can afford to help drivers and businesses save on transportation and logistics costs.

The country should not waive all road tolls altogether though, as this would harm the public's interests and the transit infrastructure as a whole.

If tolls are axed across the board, the operators of the county's indebted roads would have to seek out government aid to pay off their loans. This will lead to higher taxes. As the number of car owners in China is still dwarfed by the number of non-car owners, many of the country's citizens, including the majority of its low-income earners, would be left footing the bill to support a program that they get no direct benefit from.

News we recommend:
Toll fee exemption boosts auto rentals GDP may slow for 9th quarter China-ASEAN Expo increases trade volume
Chinese firms ramp up presence in Thailand Chinese go online to buy latest iPhone Chinese winemakers demand anti-dumping
Logistics co-op needed in China, ASEAN  Global yuan use increases Steel producers face bleak months ahead

Email|Print|Comments(Editor:厉振羽、张洪宇)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Amazing military photos: China's J-10 fighters

  2. North Korea's 'iPad' revealed

  3. New Deal to Boost Consumption

  4. Starbucks in Lingyin Temple triggers criticism

  5. Zhang Ziyi covers OK Jingcai magazine

  6. Spectacular scenery of dusk around world

Most Popular

Opinions

  1. Be vigilant against resurgence of militarism in Japan
  2. Easy times gone for foreign firms in China
  3. Noda gov't in hot water as LDP eyes comeback
  4. White paper makes watertight case for Diaoyu claim
  5. Intl firms should learn from Chinese counterparts
  6. Aircraft carrier brings timely morale boost
  7. Palestine faces difficulties amid Arab upheaval
  8. Theft of Diaoyu Islands risks China-Japan trade ties
  9. Japan defies post-war int'l order, China's goodwill
  10. Tokyo's stance on Diaoyu Islands 'unacceptable'

What's happening in China

Unknown object found in Uni-President milk tea

  1. Officials post their financial information online
  2. Views divided on bid to revise pension system
  3. New high-speed railway spurs debate over prices
  4. Chinese gov't units test-drive green autos
  5. Five detained after fatal Gansu mine accident

China Features

  1. Culture invasion? Starbucks kisses Buddha
  2. Public should enjoy more 'tourism benefits'
  3. Ancient villages face losing their souls
  4. Economic circles key to Sino-Japan relations
  5. How to pan for gold in cultural investment fever

PD Online Data

  1. Ministry of Water Resources
  2. Ministry of Railways
  3. People's Bank of China
  4. Ministry of Health
  5. Ministry of Culture