Reform of China's Tax System in a Socialist Market Economy: 1992-2002

Author: Liu Zuo
Publisher:
Publish Date: 2002-12-01
Features: In 1992, the historic Twelfth National Congress of the Communist Party of China determined that the goal of China's economic system reform was to establish a socialist market economy system. To this end, China implemented the largest, most extensive, and most profound tax system reform since the founding of the People's Republic of China in 1994. After this tax system reform and the gradual improvement over the following nine years, China has initially established a tax system that adapts to the socialist market economy system. It has played an important role in ensuring fiscal revenue, strengthening macro-control, deepening reforms, expanding opening-up, and promoting economic and social development. This book comprehensively and systematically reviews the situation of China's tax system reform and development since 1992, and looks forward to the future development trends of China's tax system, truly reflecting the course and achievements of China's tax system development over the past 11 years.