In Laicheng District of Laiwu, an indus-trial city in the center of east China’s Shandong Province, chemical, iron, steel and cement manufacturers have been brac-ing themselves for a significant change: On January 1, the country’s first tax designed specifically for environmental protection came into effect.
“Since the Environmental Protection Tax Law was approved at the end of 2016, we have been contemplating how to intensify emission reduction efforts in order to pay fewer taxes,” said Li Yong, production manager of Laiwu Lianyun Cement Co. Ltd., a local cement manufacturer.
In the past year, a total of 20 million yuan ($3.11 million) has been invested in technological improvement, Li explained. For example, the concrete grinders they purchased have helped eliminate half of the company’s pollution sources. At the same time, 18…