Book — 1 online resource (v, 27 pages) : illustrations.
Zhu Rongji 's "new deal"
Slow growth of budget revenues and big change in their composition
Extra-budgetary and off-budgetary revenue
Structure of government expenditures
Central and local fiscal relationship
Implications of deficit financing for China.
This volume examines China's government budgetary condition, analyses the new expansionary fiscal policy, and discusses policy options. China's government budgetary revenue has declined dramatically since the start of economic reforms. Facing slower economic growth, China's new fiscal policy is to increase government expenditures by issuing bonds. With a large increase in government spending, it should not be difficult to achieve 7% growth in 1999. The government should conduct serious cost-benefit analyses of every public project in order to prevent scarce funds from being wasted. In the long run, the government should focus on merging the extra-budgetary and off-budgetary revenues into budgetary revenues, instead of allocating more resources to the government sector. (source: Nielsen Book Data)
Tax system and policy options in China, T. Fulton et al-- perfecting tax regulations and improving government monitoring, F.-R. Dong-- unsolved problems in China's reform of tax system, P. Chen-- China's tax treaty policy, B. Arnold and J.-Y. Li-- how financially viable are the Chinese SOEs? - findings of a survey in five Chinese municipal cities, I.J. Singh and D.-C. Zheng-- impact analysis of income tax reform in China, D.-Q. Xu-- changes in enterprise income tax and its impact on firms' behaviour, Y.-H. An and Z.-S. Yin-- a lawyer's perspective on income tax reform in China, N. Boidman-- tariff reductions, tax replacement and the implications for income distribution in China, F. Zhai et al-- lessons from US for Chinese medical care and tax reform, L. Li-- regional economies, township-village enterprises and tax reform, T.-L. Jian-- China's ambitious inter-governmental fiscal reform agenda, R. Cullen and H.L. Fu. (Part contents).
(source: Nielsen Book Data)
China is now facing the challenge of designing and carrying out new reforms of its taxation system. This book covers a wide range of topics critical to China's future tax reform. Several prominent scholars and government officials have contributed papers which range from general tax issues to specific problem areas in tax policy design, implementation and legislation in China. The collaborative efforts between the Chinese and foreign scholars combine first hand knowledge of the current situation of China's tax reform with modern economic theory and methodology, and highlight key issues which are the focus of research on China's tax system today. Several papers also examine the linkages between tax reform and reforms in other areas in China, such as monetary and housing reforms, thus giving a more complete picture of the task ahead. (source: Nielsen Book Data)
Hong Kong ; New York : Published for the Asian Development Bank by Oxford University Press, 1995.
Book — xvi, 271 p. : ill. ; 24 cm.
The People's Republic of China has experienced many economic reforms in the last decade, but further improvements to the fiscal system are needed. This work examines the existing reforms and suggests ways in which other reforms could be implemented. This work should be of interest to economists, businessmen, managers, institutional investors, bankers, academics and students. (source: Nielsen Book Data)