China's fiscal system will adapt as economy transforms
President Xi Jinping's has moved to address long-term flaws in the fiscal system, and more changes are on the way
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In this article
- Local debt crackdown
- Reallocating responsibilities
- Public spending
- Spending priorities
- Tax reforms
- Corporate income tax
- Business tax and VAT
- Green taxes
- Property tax
- Personal income tax
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_350.jpg "Chinese Finance Minister Xiao Jie (Reuters/Aly Song)")