Using the data of China's listed companies during 2010-2014 as samples, this paper employs the PSM and DID methods to respectively investigate the effects of BTto-VAT reform on the turnover tax burden for companie...Using the data of China's listed companies during 2010-2014 as samples, this paper employs the PSM and DID methods to respectively investigate the effects of BTto-VAT reform on the turnover tax burden for companies in pilot regions(Shanghai and eight other provinces and municipalities) and the rest of China. Our study arrived at the following findings: Compared with pilot sectors in non-pilot regions, BT-to-VAT reform has no significant effect on the turnover tax burden of pilot companies in pilot regions; compared with non-pilot companies, BT-to-VAT reform slightly increased the turnover tax burden in the short run and somewhat reduced the turnover tax burden for pilot companies in the long run. Further differentiation of ownership nature led to the discovery that BT-toVAT reform somewhat reduced the turnover tax burden of SOEs and central SOEs, slightly increased the turnover tax burden for non-SOEs and local SOEs in pilot regions, slightly increased the turnover tax burden in the short run and somewhat reduced the turnover tax burden in the long run after nationwide pilot programs were introduced; BT-to-VAT reform has more significant effects on non-SOEs and local SOEs. In general, BT-to-VAT reform has no significant effects on the turnover tax burden of companies and after differentiating pilot regions, pilot sectors and ownership nature, we did not discover any significant effect, which is generally consistent with policy expectations.展开更多
Premier Wen Jiabao held an executive meeting of the State Council deploying measures for speeding up the NGI development on December 23, 2011, which symbolizes that China has put the development of NGI to a strategic ...Premier Wen Jiabao held an executive meeting of the State Council deploying measures for speeding up the NGI development on December 23, 2011, which symbolizes that China has put the development of NGI to a strategic position. In the development of NGI, standards and norms has always played an important role in pushing the development of the industry. This essay discusses the latest progress of NGI and introduces the research results CHINA TELECOM has made in international standard IPv6 IETF, domestic standard CCSA and relevant enterprise standards.展开更多
The SG186 Project about the informatization for State Grid Corporation of China （SGCC）, mainly aims to build a ＂Vertical breakthrough, horizontal integration＂ platform of intbrmation integration at the enterprise ...The SG186 Project about the informatization for State Grid Corporation of China （SGCC）, mainly aims to build a ＂Vertical breakthrough, horizontal integration＂ platform of intbrmation integration at the enterprise level and to initially build a digitization power network and an informatization enterprise; informatization standards system is one of the significant guaranteeing factors to completely finish SG186 project as well as provides the basic condition for the entire adoption and integration of existing information systems. This article has analyzed the necessity for the establishment of inlbrmatization standards system in the first place with the brief introduction to the current research achievements of the standards system and the loop-locked Identification-Execution-Check （REC） application strategy.展开更多
基金National Accounting Research Key Project of the Ministry of Finance"A study on the Supervision and Governance Functions,Implementing Pathway and Promotion Mechanism of Audits(Grant No.2015KJA017)"General Project of Hunan Provincial Foundation for Philosophical,Social and Scientific Research"Study on the Supervision and Governance Functions of Audits in the New Normal"(Grant No.l5YBA079)Social Sciences Foundation of China(SSFC)"A study on the Supervision of Asset Mispricing,the Mitigation of Systematic Financial Risks and Dynamic Supervision"(Grant No.l6BGL050)
文摘Using the data of China's listed companies during 2010-2014 as samples, this paper employs the PSM and DID methods to respectively investigate the effects of BTto-VAT reform on the turnover tax burden for companies in pilot regions(Shanghai and eight other provinces and municipalities) and the rest of China. Our study arrived at the following findings: Compared with pilot sectors in non-pilot regions, BT-to-VAT reform has no significant effect on the turnover tax burden of pilot companies in pilot regions; compared with non-pilot companies, BT-to-VAT reform slightly increased the turnover tax burden in the short run and somewhat reduced the turnover tax burden for pilot companies in the long run. Further differentiation of ownership nature led to the discovery that BT-toVAT reform somewhat reduced the turnover tax burden of SOEs and central SOEs, slightly increased the turnover tax burden for non-SOEs and local SOEs in pilot regions, slightly increased the turnover tax burden in the short run and somewhat reduced the turnover tax burden in the long run after nationwide pilot programs were introduced; BT-to-VAT reform has more significant effects on non-SOEs and local SOEs. In general, BT-to-VAT reform has no significant effects on the turnover tax burden of companies and after differentiating pilot regions, pilot sectors and ownership nature, we did not discover any significant effect, which is generally consistent with policy expectations.
文摘Premier Wen Jiabao held an executive meeting of the State Council deploying measures for speeding up the NGI development on December 23, 2011, which symbolizes that China has put the development of NGI to a strategic position. In the development of NGI, standards and norms has always played an important role in pushing the development of the industry. This essay discusses the latest progress of NGI and introduces the research results CHINA TELECOM has made in international standard IPv6 IETF, domestic standard CCSA and relevant enterprise standards.
文摘The SG186 Project about the informatization for State Grid Corporation of China （SGCC）, mainly aims to build a ＂Vertical breakthrough, horizontal integration＂ platform of intbrmation integration at the enterprise level and to initially build a digitization power network and an informatization enterprise; informatization standards system is one of the significant guaranteeing factors to completely finish SG186 project as well as provides the basic condition for the entire adoption and integration of existing information systems. This article has analyzed the necessity for the establishment of inlbrmatization standards system in the first place with the brief introduction to the current research achievements of the standards system and the loop-locked Identification-Execution-Check （REC） application strategy.
