Emissions from motor vehicles have gained the attention of government agencies. To alleviate air pollution and reduce the petroleum demand from vehicles in China, the policy of “oil to gas” was vigorously carried out. Qingdao began to promote the use of natural gas vehicles (NGVs) in 2003. By the end of 2016, there were 9460 natural gas (NG) taxis in Qingdao, which accounted for 80% of the total taxis. An understanding of policy implementation for emission reductions is required. Experiments to obtain the taxi driving conditions and local parameters were investigated and an international vehicle emissions (IVE) localization model was established. Combined with vehicle mass analysis system (VMAS) experiments, the IVE localization model was amended and included the taxi pollutant emission factors. The result indicates that annual total carbon monoxide (CO) emissions from actual taxis are 6411.87 t, carbureted hydrogen (HC) emissions are 124.85 t, nitrogen oxide (NOx) emissions are 1397.44 t and particulate matter (PM) emissions are 8.9 t. When the taxis are running on pure natural gas, the annual emissions of CO, HC, NOx and PM are 4942.3 t, 48.15 t, 1496.01 t and 5.13 t, respectively. Unregulated emissions of annual total formaldehydes, benzene, acetaldehyde, 1,3-butadience emissions from an actual taxi are 65.99 t, 4.68 t, 1.04 t and 8.83 t. When the taxi is running on pure natural gas, the above unregulated emissions are 12.11 t, 1.27 t, 1.5 t and 0.02 t, respectively.