China tax brief for March 2025, we spotlight policies and measures just announced or scheduled for implementation.
One small policy change Li said was in the works was a tweak to what China calls a consumption tax. Li said local governments will collect it rather than Beijing, and Chinese media had earlier ...
Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs. Now he is ...
One key policy initiative for the year is allowing local governments to collect a portion of the consumption tax to ease their financial difficulties and incentivize them to promote spending, Shen ...
China’s declining tax revenue now has ... it would be hard-pressed to find the money needed to stimulate consumption. Overall tax revenue fell 3.4 percent last year. That might not look like ...
China should raise consumption to a level close to those of developed countries in the next decade, a government adviser said ...
China will accelerate the transformation of five major cities — Shanghai; Beijing; Guangzhou, Guangdong province; Tianjin; and Chongqing — into global consumption centers on par with New York and ...