Taxation in modern china fills a serious gap in current research by addressing the formidable challenges of tax reform and fiscal overhaul in china eminently well edited carefully researched and thematically balanced it is a must read for scholars policy makers and students of chinas continuing market transition. Leading contributors explore the tax and public finance issues arising from chinas economic transition the most comprehensive and radical fiscal reform program in modern history. Brean d ed 1998 taxation in modern china new york routledge https doiorg 104324 9781315022604. Taxes provide the most important revenue source for the government of the peoples republic of chinatax is a key component of macro economic policy and greatly affects chinas economic and social development with the changes made since the 1994 tax reform china has sought to set up a streamlined tax system geared to a socialist market economy . China taxation and investment 2017 updated july 2017 2 price controls china has abolished most price controls with market forces now determining the prices of the majority of products traded in general prices remain controlled only for goods and services that are deemed essential
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