Table 4.
Real price (RMB/20) |
Excise share (% price) |
Smoking rate (%) | Adult smokers (million) |
Cigarette packs (billion) |
Real excise revenue (billion RMB) | |
2016 estimate | 12.8 | 34.5 | 27.7 | 320 | 117 | 521 |
2030 prediction | 14.2 (14.1~14.3) | 33.5 (33~34) | 22.0 (20.9~23.1) | 268 (255~282) | 94 (83~106) | 447 (392~505) |
Absolute change | 1.3 (1.2~1.4) | −1 (−1~−1) | −5.8 (−6.9~−4.7) | −51 (−64~−38) | −23 (−35~−11) | −74 (−129~−16) |
Relative change | 10 (9~11) | −3 (−3~−3) | −21 (−25~−17) | −16 (−20~−12) | −20 (−30~−10) | −14 (−25~−3) |
Note: US$1=6.64 RMB.