Local-central intergovernmental fiscal relations of China
Abstract
Highlights
- China must create a hierarchical fiscal management system in line with its modern fiscal system and further standardize the division between administrative authority and expenditure responsibilities
- China should formalize a fiscal transfer payment system, and develop a hierarchical fiscal management system encompassing the sharing of tax, rents and profits
For citation
Yang Zhiyong. Local-central Intergovernmental Fiscal Relations of China. Journal of Tax Reform, 2017, vol. 3, no. 2, pp. 92–102. DOI: 10.15826/jtr.2017.3.2.033
Article info
Received April 10, 2017; accepted July 31, 2017
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DOI: https://doi.org/10.15826/jtr.2017.3.2.033
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