An Assessment of China's New Round of Reform of the Fiscal and Taxation Systems

Based on the Decisions of the CPC Central Committee on Some Major Issues Concerning Comprehensively Deepening Reforms and the Overall Plan on Deepening Fiscal and Tax Reforms, this paper presents a systematic assessment of the progress of China's new round of fiscal and tax reforms from November 2013 to October 2016 with the following findings. Reform of the budgetary management system has yielded initial results yet remains in the preliminary stage. While progress has been made in reforming indirect taxes, the reform of direct taxes is slow and presents a major obstacle. Despite breakthroughs, the progress of public finance reforms remains slow and impedes reforms on other fronts. Fiscal and tax reforms are uneven and should be implemented in coordination. Fiscal and tax reforms should more vigorously support overall reforms.

A Brief Analysis about the Public Property Attribute of the Fiscal and Taxation Law

From the date of birth, the fiscal and taxation law in China is always rooted in Chinese land, Chinese resources and aimed at solving Chinese problem.As a famous scholar on the fiscal and taxation law professor Jianwen liu once said： ＂the fiscal and taxation law is a very important law, it not only involves the entire country macro economic operation but also involves the interests of families and everyone＇s interests.＂This article will combine professor Jianwen Liu＇ s research results in the past two years, from the view of the field of law to discuss why the fiscal and taxation law known as public property.

Reforms on China＇s Fiscal System and Its Impact on Local Government Behavior

The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governments. The changes in economic system and economic structure decide the changes of fiscal function and fiscal structure, which results in the changes in intergovernmental distribution form and local government behavior. This paper takes a look at the stages of China＇s fiscal reform process and the impacts on local government behavior, and tries to find measures for perfecting the fiscal system reform to optimize local government behavior and guarantee a healthy national economy.

CHINA'S REGIONAL DISPARITY IN 1981-2000:OPENNESS AND DEVELOPMENT OF NON-STATE-OWNED ENTERPRISES AND FISCAL DECENTRALIZATION

While China's economic growth has been impressive since 1978, regional disparity in terms of provincial per capita GDP has been increasing. On the other hand, this rapid but uneven growth was accompanied by China's deepening openness and structural reforms including the development of non-state-owned enterprises (non-SOEs) and fiscal decentralization. Based on quantitative analyses, this paper tries to explore the features of regional disparity in China and the relationships between regional growth and China's openness and economic structure reforms in the period from 1981 to 2000. The paper finds that the catching-up of the coastal region to the initially rich provinces, which are mainly located in inland areas, brought about a convergence of the growth pattern across provinces in the 1980s.The subsequent divergence in the provincial growth rates between the coast and the interior generated an enlarging regional disparity in China in the 1990s. The ever-faster growth in the coastal region was benefited by China's openness and the development of non-state-owned enterprises. The development of non-state-owned enterprises underlies the higher operational efficiency in the coastal region. Additionally, with the insignificant regression results, fiscal decentralization was observed to facilitate faster growth in the coast region. The findings justify the initiative of the 'West Region Development Strategy' and offer some policy implications for China.

A study on fiscal and taxation policies for ecological compensation

It is pointed out that it is necessary to speed up the reform of ecological civilization system, promote green development and build a strategic plan for China. Ecological compensation is a management measure that regulates the balanced development of economy and ecological environment, and fiscal policy is an important means in ecological compensation. Based on the fiscal and taxation policies of ecological compensation, this paper draws on the current situation and existing problems of current ecological compensation machine in China from three aspects: fiscal expenditure, tax policy and charging policy, based on various theories of ecological compensation taxation policy at home and abroad. In the end, it makes relevant policy recommendations.

Economic Reform and Changes in Regional Development Patterns of China

<Abstract>The thesis profiles and explains the significant changes that have taken place in China's regional development patterns since the inception of its economic reform and opening three decades ago.The analysis show that prior to the reform China's spatial development pattern was characterized by the dominance of the three municipalities and the Northeast,as well as by both the coast-interior and the north-south disparities.After three decades of reform,regional development has become multi-centered with South China,the Yangtze Delta and the Beijing-Tianjin area being the three most important regions of the country.The coastal provinces as a whole rose to prominence on China's economic map while the Northeast has diminished its clout.The coast-interior gap not only remains but may have widened. And especially in the latest ten years,the economic map continue changing,some provinces rose up quickly,while some declined rapidly.The paper discusses main specific factors that have reshaped China's spatial development patterns.

Finance Minister Liu on Taxation System Reform in China

The new taxation system has beenoperated smoothly and its positiveresults have become evident since Chinacarried out the reform of the taxation systemin 1994.This was said by Mr.Liu Zhongli,Finance Minister and Director-General ofthe State Administration of Taxation at apress conference recently.The new taxationsystem brought RMB100 billion more to theTreasury in 1994,and the figure is expectedto be bigger in 1995,he disclosed. The minister said that the state hasadopted an appropriately tight financial

Roadmap for China's fiscal and tax reform

China’s tax and fiscal reform will continue to advance on the course of public finance rapidly in the coming decade, andbecome the forerunner of reform and socioeconomic development.In the coming years, the reform will focus on threethemes: the fiscal and tax system, policies, and administration.The key element is to develop a fiscal and tax systemthat allocates compatible financial resources and administrative power to various levels of government.Fiscal and taxpolicies will play a critical role in transforming China’s economic growth pattern.To accomplish these goals, Chinaneeds a scientific and refined fiscal administration.These elements will form a system of great synergy.

China’s internal and external economic imbalances and fiscal reform

China’s ballooning current account surplus has caused a plethora of adverse effects on the healthy development of its economy.Based on an in-depth analysis of the contributory factors to the swelling current account surplus,this paper purports to demonstrate theoretically and empirically that while the chronic savings-consumption imbalance is an important contributor to China’s huge trade surplus,the fundamental underlying contributor is the income structure and savings structure imbalance stemming from the disproportionate increase in retained earnings relative to stagnant wage bills.Corporate retained earnings keep growing rapidly because corporate profit margins are"overstated"and state-owned enterprises"do not pay dividends."Only when these issues are resolved at the institutional level can the savings rate be reduced to an appropriate level with domestic demand boosted to eliminate excess trade surpluses and fundamentally fix internal and external economic imbalances.

Taxpayers Fraudulent Behavior Modeling The Use of Datamining in Fiscal Fraud Detecting Moroccan Case

The fraudulent behavior of taxpayers impacts negatively the resources available to finance public services. It creates distortions of competition and inequality, harming honest taxpayers. Such behavior requires the government intervention to bring order and establish a fiscal justice. This study emphasizes the determination of the interactions linking taxpayers with tax authorities. We try to see how fiscal audit can influence taxpayers’ fraudulent behavior. First of all, we present a theoretical study of a model pre established by other authors. We have released some conditions of this model and we have introduced a new parameter reflecting the efficiency of tax control;we found that the efficiency of a fiscal control have an important effect on these interactions. Basing on the fact that the detection of fraudulent taxpayers is the most difficult step in fiscal control, We established a new approach using DATA MINING process in order to improve fiscal control efficiency. We found results that reflect fairly the conduct of taxpayers that we have tested based on actual statistics. The results are reliable.

The Centenary of the CPC:Exploration and Improvement of Central-Local Economic Relationship

Decentralization is a global phenomenon,but growth is not.The economic relationship between central and local governments is an important yet unresolved question in China’s economic development.As a large country with unbalanced political and economic development,China is faced with unbalanced and inadequate development as the primary constraint to meeting people’s ever-growing needs for a better life.The Communist Party of China(CPC)has been exploring to mobilize the initiatives of both central and local governments.During the planned economy era,China experienced a few rounds of centralization of economic powers but failed to strike a balance in maximizing the initiatives of both central and local governments.After the reform and opening up policy enacted in 1978,China’s central and local governments have succeeded in combining economic decentralization with administrative decentralization.China’s central government,local governments and enterprises have become resource allocation entities.China’s economic growth miracle has been driven by promoting the initiatives of central and local governments.Entering the new era,the central-local economic relationship represents an institutional strength of concentrating resources to accomplish great undertakings and leveraging the initiatives of both central and local governments.With the principal contradiction facing China’s development shifted into one between people’s growing needs for a better life and unbalanced and inadequate development,the management of central and local government relationship has taken on greater theoretical significance and salient implications in the new era.

Sustainability of China＇s Tax Revenue Growth： Experience and Prospect

This paper summarizes the main characteristics of China＇s tax revenue growth during the period of 1994-2010, and probes the causes behind the sustained and rapid growth of China＇s taxation from its sources including the fiscal and taxation system, and tax collection mechanisms. Additionally, the author lists the major challenges confronting China＇s sustainable tax growth during the ＂12th Five-Year Plan ＂period （2011-2015）, for example, slowed growth in sources of taxation, a mismatched tax system, lagging reform in fiscal structure and the management system, and restrictions in tax collection and administration capacity. The author proposes the following suggestions： 1） a structural taxation reform should be carried out to promote sustainable economic growth and a change in development model, thereby consolidating the source base of taxation; 2） to consolidate the fiscal and taxation system through taxes and fees reform, standardizing the government budget, advancing reform in the tax-sharing system, and optimizing fiscal expenditure; and 3） to strengthen tax collection mechanisms by promoting taxation by law, implementing comprehensive taxation administration in the government, and improving the tax collection capacity.

Fiscal and Tax Policy Research on Promoting Energy Transition in China under the"Dual Carbon"Goal

The"Dual Carbon"Goal is one of the critical strategic tasks in China's new stage of development,and fiscal and tax policies play an essential role in promoting the"dual carbon target"process.Currently,China's fiscal and taxation policies to encourage the realization of the"dual carbon"target are faced with problems such as the lack of budgetary and tax regulation means and the lack of investment in the energy conservation industry.Throughout the mature experience of Britain,the United States,Japan,and other countries,although different,they all chose to levy carbon tax and tax incentives as the path to promote energy transformation.To further encourage energy conversion,China can choose to establish a carbon tax mechanism and promote and improve low-carbon preferential policies and other diversified fiscal and tax policies.

Research on Optimizing the Tax Business Environment - Taking Shunde Taxation Bureau's Innovation Reform as an Example

Since 2013,optimizing the business environment has become China's national strategy.In recent years,the Party and the government have continuously introduced a series of new measures such as the'"streamline administration,delegate power,strengthen regulation,and improve services55 reform to promote the continuous optimization of the business environment.As an important part of the business environment,the tax business environment is of great significance to improve the business environment and promote economic development.By analyzing the current situation of the tax business environment in China,this article discusses the existing problems in the process of optimizing tax business environment in China.Taking Shunde Taxation Bureau's innovative reform of tax business environment optimization as an example,this article introduces the practical innovation and promotion of optimizing tax business environment from four aspects:promoting convenience,digitalization,legalization,and intensive reform,in order to provide relevant experience for the optimization of tax business environment in other areas of China.

竞争优势培育型OFDI财税支持的国际借鉴

对外直接投资结合自身特征、获取东道国技术知识以提升国际竞争力,已成为企业通过OFDI成长为跨国公司的内在动力。跨国公司大国通过财税支持政策引导和规范企业行为,形成了较为完善的竞争优势培育型OFDI服务体系,收到了良好的效果——巩固并增强了全球跨国公司主要来源地优势。这些政策对我国的启示为:健全财税支持的相关法律体系;完善竞争中立与互利共赢的竞争优势培育型OFDI财税支持技术创新体系,提升企业的溢出吸收能力和对东道国技术创新的贡献能力;加大竞争中立的竞争优势培育型OFDI财税支持风险管理体系与服务平台建设力度,增强企业融资能力和风险防控能力,降低境外投资信息劣势和国际化人才不足的影响;构建面向中小企业的竞争优势培育型OFDI财税支持服务体系,优化相关企业竞争优势培育型OFDI绩效。

China＇s 40 Years of Fiscal and Tax Reform： A Basic Trajectory

The present paper describes the trajectory of China＇s fscal and tax reform in the past 40 years, which can be summarized in five phases. The reform commenced with ＂＇decentralizing power and transferring benefits. ＇＂ Then, under great fiscal pressure, institutional reform was instigated, which aimed to establish a new fiscal and tax system. To regulate the government revenue and expenditure beyond the fiseal and tax system, reforms were put in place to build an institutional framework for public finance. As the fiscal and tax reform had gradually entered the more sophisticated phases, China took a series of measures to further improve the public finance system. Since 2012, based on the overall plan of comprehensively deepening reform, China has embarked on establishing a modern public finance system. The present paper characterizes China＇s fiscal and tax reform as gradually moving toward a system that aligns with the overall reform and complements the goal of marketization and modernization of state governance.

Tax Reform, Fiscal Revenues, and Farmers＇ Income Evidence from Two Waves of Chinese Agricultural Tax

This paper examines the effect of Chinese agricultural tax reform on local fiscal revenues as well as farmers＇ income. Fixed effects results show that a tax rate reduction from 15.3 to 8.4 % in the first 5 years of the reform did not lead to a corresponding decrease in local fiscal revenues. At the same time, farmers＇ income slightly decreased. In the second 5 years of the reform, the tax rate was reduced to zero. This time, local fiscal revenues decreased linearly with the tax cuts, and farmers＇ income increased by 17.8 %. The link between the actual fiscal revenue reduction and farmers＇ income suggests that merely changing the nominal level of taxation does not necessarily increase farmers＇ income. Rather, the complete implementation of the reform relates crucially to curbing local governments＇ unauthorized extractions.

Changes of Fiscal and Financial Capacity in a Reforming China

China finds itself in a dual transitional period forboth its economy and its society with the govern-ment playing key role. The government is obliged tomaintain and reinforce its capacity to mobilize and allo-cate social resources, to maintain a stable developmentof both the economy and society.the paper,concernedwith the source of funds, has divided national capacityinto national fiscal capacity and national financialcapacity.By calculation and analysis of the fiscal ca-pacity and financial capacity,we will explain the role ofthe finance industry as "secondary public finance."

Oil and Gas Policies in the World’s Major Countries

Revolutionary adjustments were made to the global energy structure in 2017.For the first time,OPEC cooperated with non-OPEC countries to reach an agreement on production curtailment in order to stabilize the oil and gas market.On the one hand,host countries have introduced various fiscal and tax incentive policies to attract investment in the oil and gas industry;on the other,the lack of fiscal revenue has been made up for and the low-carbon environmental protection policy supported by imposing a value-added tax and environmental protection tax.Major consumers have introduced a timetable for the sales prohibition of fuel vehicles and supported the development of new energy vehicles with fiscal and taxation policies.However,from the perspective of the full life cycle,the promotion of electric vehicles is only conducive to partially improving the environment and is not the optimal choice for national energy structure optimization.Electric vehicles will have real significance for environmental protection only after clean electric power is solved.As such,implementing the sales prohibition of fuel vehicles with administrative power goes against market discipline.

“一带一路”倡议下我国OFDI财税政策优化研究

随着我国"一带一路"倡议的深入推进,"走出去"企业在对外直接投资(OFDI)过程面临着许多新情况及问题,相应地也对我国OFDI的财税政策提出了挑战。十九届四中全会提出,坚持互利共赢的开放战略,推动共建"一带一路"高质量发展,而"一带一路"高质量发展离不开财税政策的支持。基于2017-2018年中国对"一带一路"沿线64个国家OFDI的存量数据,计算OFDI的莫兰指数判断其空间相关性,分析我国财税支持政策对"一带一路"倡议下OFDI的促进作用。