China's Ministry of Finance will impose a consumption tax on e-cigarettes from Nov. 1, according to a notice published on Tuesday.

A tax rate of 36% will be placed on the production or import of e-cigarettes, while an 11% tax will be placed on the wholesale distribution of e-cigarettes.

The taxation policy will further entrench China's once-scattered e-cigarette industry into the state-backed tobacco monopoly, a major generator of tax revenue.