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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
The Communist Party of China's resolution stresses deepening tax structure reform to make taxation systems more conducive to high-quality development, social fairness and building a unified market. Qu Qiang, a fellow at the Belt and Road Research Center under Minzu University of China, says the reform will ensure a balance of tax income between the central and local governments, the latter of which will have a new source of their own income, with more power for their own development.