·Promoting resource conservation, curbing air pollution, promoting green development, and further improving the refined oil consumption tax

Recently, the Ministry of Finance and the State Administration of Taxation jointly issued a notice to increase the consumption tax on gasoline, naphtha, solvent oil and lubricants by 0.28 yuan/liter from the current unit tax rate as of December 13, 2014. The consumption tax on diesel, aviation kerosene and fuel oil will be increased by 0.16 yuan/liter based on the current unit tax. Aviation kerosene continues to be suspended.
This year, the company will raise the tax on the consumption tax of refined oil products twice in a row, with the aim of further intensifying efforts to curb air pollution, promote resource conservation and promote green development. This policy adjustment and tax reduction and price reduction simultaneously implemented, taking into account the affordability of residents and downstream enterprises. Increasing the new income from the refined oil consumption tax will continue to be used to manage environmental pollution, promote energy conservation, and encourage the development of new energy vehicles.

Stabilizer Link

A link stabilizer, otherwise known as a sway bar, anti-roll bar or even stabilizer link, connects the vehicles left and right wheels through short links, reducing body roll whilst cornering, and absorbing shocks from potholes and uneven road surfaces.