China vows to increase its efforts on tax reform, as the country moves toward quality-oriented economic growth. Experts at the Boao Forum shared their views on how China could implement this measure.

CHENG LIHUA CHINESE VICE FINANCE MINISTER "President Xi Jinping pointed out that reform and opening up is always in the present tense, and will not have an end. For the next step, according to the requirement on tax regulation in the 19th CPC National Congress' report, China will balance relations between central and local governments, and reform budget and tax systems accordingly. We will also perform an all-around evaluation on government performance. This will be another systematic reform as in the 1994 tax reform."

JIA KANG, CHIEF ECONOMIST CHINA ACADEMY OF NEW SUPPLY-SIDE ECONOMICS "For one thing, it follows the trend of cutting taxes in China's reform and opening up. We realized at the beginning that it's important to separate powers, and allow enterprises to benefit from it. We have been trying to find a solution during the reform process. After China established a modern tax system, we had many tasks to work on, as there are various needs and possibilities. Another thing is that, the tax cut efforts also show that the government is responding more actively to social demand."