Page 5 - Fiscal Sciences News Today

As COVID-19 continues to affect economies, Chinas deficit to GDP ratio this year is likely to remain at a level slightly higher than usual, experts and analysts said on Monday.

Keeping economic growth stable remains the top priority for local governments across China in 2022 as they unveiled key plans to boost investment and consumption to cushion new downward pressure.

Keeping economic growth stable remains the top priority for local governments across China in 2022 as they unveiled key plans to boost investment and consumption to cushion new downward pressure.

Keeping economic growth stable remains the top priority for local governments across China in 2022.

Effective investment in “new infrastructure” construction and investment potential unleashed from the private sector are expected to energize growth and shore up weak links in the economy this year, researchers and economists said on Thursday. This week, a number of local governments, including those of Zhejiang, Shanghai, Hebei and Anhui, unveiled their infrastructure investment plans ...

China is further improving its policy framework for achieving climate-related goals, including a financial sector development road map that is in line with the global sustainable development agenda and adopted worldwide standards.

Hiking taxes wouldn’t seem difficult in the one-party state. But the Communist Party is sensitive to public opinion, and taxes are as politically fraught in China as anywhere else.

China could expand pilot testing of a property tax to Zhejiang province, a former government expert was quoted as saying in an official media outlet on Sunday, the latest sign that the country is... | October 18, 2021

China could expand pilot testing of a property tax to Zhejiang province, a former government expert was quoted as saying in an official media outlet on Sunday, the latest sign that the country is moving closer to adopting the long-discussed levy.

China's pledge to achieve carbon neutrality only 30 years after peaking carbon dioxide emissions will require it makes a lot more arduous efforts than developed economies in this regard, experts said.