The slower expansion of domestic demand has put pressure on economic growth as the Chinese economy enters a new normal stage. Since the industrial structure can only be effectively upgraded through appropriately expan...The slower expansion of domestic demand has put pressure on economic growth as the Chinese economy enters a new normal stage. Since the industrial structure can only be effectively upgraded through appropriately expanding aggregate demand, three relationships must be balanced:展开更多
Accelerating the establishment of a new development paradigm in which domestic and overseas markets reinforce each other,with the domestic market as the mainstay,has posed new requirements for deepening the consumptio...Accelerating the establishment of a new development paradigm in which domestic and overseas markets reinforce each other,with the domestic market as the mainstay,has posed new requirements for deepening the consumption tax reform.Therefore,we need to focus on accelerating the establishment of a new development paradigm,combined with the establishment of a modern fiscal and tax system and tax attributes,and make effective institutional arrangements for comprehensively promoting consumption,expanding domestic demand and then forming a strong domestic market.It is meaningful to reduce tax on consumer goods involved in upgrading consumption to meet people’s needs for a better life and to raise tax on high energy-consuming,highly polluting and unhealthy consumer goods to enhance the regulatory role of consumption tax and to promote the overall optimization and upgrading of the industrial structure.The revenue of consumption tax on key tax items(categories)should belong to the central government to facilitate the smooth flow of the economic circulation.展开更多
文摘The slower expansion of domestic demand has put pressure on economic growth as the Chinese economy enters a new normal stage. Since the industrial structure can only be effectively upgraded through appropriately expanding aggregate demand, three relationships must be balanced:
文摘Accelerating the establishment of a new development paradigm in which domestic and overseas markets reinforce each other,with the domestic market as the mainstay,has posed new requirements for deepening the consumption tax reform.Therefore,we need to focus on accelerating the establishment of a new development paradigm,combined with the establishment of a modern fiscal and tax system and tax attributes,and make effective institutional arrangements for comprehensively promoting consumption,expanding domestic demand and then forming a strong domestic market.It is meaningful to reduce tax on consumer goods involved in upgrading consumption to meet people’s needs for a better life and to raise tax on high energy-consuming,highly polluting and unhealthy consumer goods to enhance the regulatory role of consumption tax and to promote the overall optimization and upgrading of the industrial structure.The revenue of consumption tax on key tax items(categories)should belong to the central government to facilitate the smooth flow of the economic circulation.
