But the mooted starting carbon price of $1.55 (10 yuan) from the world's biggest carbon-emitting economy has reignited business concern that Australia's $23-a-tonne starting price from July 1 is too high and will damage business competitiveness.
The proposals for a new environmental taxation system had already been submitted for review to the Ministry of Finance and were expected to be implemented before the end of the 2011-15 five-year plan.
The possible China carbon tax would be tiny but the US and many other countries have no carbon tax and are not talking about one.
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