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Communist Party of China CPC>>News
08:32, October 26, 2010

China's legislature starts bimonthly session

Wu Bangguo (C), chairman of the Standing Committee of the National People's Congress (NPC), presides over the 17th session of the Standing Committee of the 11th NPC in Beijing, capital of China, Oct. 25, 2010. (Xinhua/Ma Zhancheng)

China's top legislature began its bimonthly session Monday, discussing bills including Vice President Xi Jinping's appointment as vice-chairman of the Central Military Commission (CMC) of the People's Republic of China.

According to the bill, Xi was nominated by President Hu Jintao, also CMC chairman.

Xi, Standing Committee member of the Political Bureau of the Communist Party of China (CPC) Central Committee, was previously appointed vice-chairman of the CMC of the CPC at the Fifth Plenary Session of the 17th CPC Central Committee that ended on Oct. 18.

At Monday's session of the National People's Congress Standing Committee, lawmakers reviewed the draft law on vehicle and vessel taxation for the first time, which sets out provisions for reducing taxes on energy-saving and clean energy-powered vehicles while imposing more taxes on cars with big engines.

The law is expected to improve and standardize the taxation system, following the principles of being fair, eco-friendly and saving energy.

China, having a total of 199 million vehicles, currently only has a regulation on vehicle and vessel tax, that took effect in 2007.

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