Page 4 - Fiscal Sciences News Today

The State Council said on Monday in a document that starting from Jan 1, the individual taxable income of such parents can be reduced by a total of 1,000 yuan ($156) per month for each baby.

Chinese authorities admitted on Sept. 19 that outbreaks of new COVID-19 cases occurred in "multiple cities at the ...

The proposed lowering of the deficit-to-GDP ratio to 2.8 percent for this year will make fiscal spending more sustainable, and will not weaken the country's intensity of fiscal spending, political advisers and experts said on Thursday.

The proposed lowering of the deficit-to-GDP ratio to 2.8 percent for this year will make fiscal spending more sustainable, and will not weaken the country's intensity of fiscal spending, political advisers and experts said on Thursday.

The proposed lowering of the deficit-to-GDP ratio to 2.8 percent for this year will make fiscal spending more sustainable, and will not weaken the country's intensity of fiscal spending, political advisers and experts said on Thursday.

China is ready to make a greater contribution to the global response to climate change. As such, the country is taking concrete steps to foster green, low-carbon, high-quality development as it embarks on a path toward carbon peak and neutrality, experts said.

China is ready to make a greater contribution to the global response to climate change. As such, the country is taking concrete steps to foster green, low-carbon, high-quality development as it embarks on a path toward carbon peak and neutrality, experts said.

China is ready to make a greater contribution to the global response to climate change. As such, the country is taking concrete steps to foster green, low-carbon, high-quality development as it embarks on a path toward carbon peak and neutrality, experts said.

China is ready to effect more and bigger tax and fee cuts this year and proceed with additional targeted fiscal spending in key areas to safeguard steady economic growth, while the intensity of transfer payments from central to local governments will also be increased.

As COVID-19 continues to affect economies, China’s deficit to GDP ratio this year is likely to remain at a level slightly higher than usual, experts and analysts said on Monday. Yet, targeted fiscal spending must be improved to invigorate the market and guide high-quality development, they said. Zhou Mi, a researcher at the Chinese Academy ...