Abstract
The next 15 years will be a crucial period for China to move from building a moderately prosperous society in all respects to basically realizing socialist modernization. It is also a historical intersection period of the “Two Centenary Goals”, and an important opportunity period for China to comprehensively embark on a new journey to build a great modern socialist country.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
Notes
- 1.
**. 2017a. Decisive Victory to Build a Moderately Prosperous Society in an All-Round Way—Seize the Great Victory of Socialism with Chinese Characteristics in the New Era, Report at the 19th National Congress of the Communist Party of China. People's Daily, October 28, 2017." href="#ref-CR3" id="ref-link-section-d54098037e463">2017a, b).
- 2.
People's Daily (2019).
- 3.
**. 2017a. Decisive Victory to Build a Moderately Prosperous Society in an All-Round Way—Seize the Great Victory of Socialism with Chinese Characteristics in the New Era, Report at the 19th National Congress of the Communist Party of China. People's Daily, October 28, 2017." href="#ref-CR3" id="ref-link-section-d54098037e528">2017a, b).
- 4.
People's Daily (2019).
- 5.
- 6.
**. 2017a. Decisive Victory to Build a Moderately Prosperous Society in an All-Round Way—Seize the Great Victory of Socialism with Chinese Characteristics in the New Era, Report at the 19th National Congress of the Communist Party of China. People's Daily, October 28, 2017." href="#ref-CR3" id="ref-link-section-d54098037e708">2017a, b).
- 7.
People's Daily (2019).
- 8.
Data in 2019, calculated according to the number of budget reports in 2020. Ministry of Finance: Report on the Execution of the Central and Local Budgets for 2020 and on the Draft Central and Local Budgets for 2021, At the Third Session of the 13th National People's Congress on May 22, 2020, May 30, 2020, official website of the Ministry of Finance of the People's Republic of China, http://www.mof.gove.cn/gkml/caizhengshuju/202005/120200530_3523307.
- 9.
Financial data sourced from official website of the Ministry of Finance of the People's Republic of China, www.mof.gov.cn; GDP figures are from the National Bureau of Statistics, www.stats.gov.cn.
- 10.
Tang (2019).
- 11.
Tang (2019).
References
People’s Daily. 2019. Decision of the Central Committee of the Communist Party of China on Upholding and Improving the Socialist System with Chinese Characteristics-Promoting the Modernization of the National Governance System and Governance Capacity, Adopted at the Fourth Plenary Session of the 19th Central Committee of the Communist Party of China on October 31, 2019. People's Daily, November 6th, 2019.
Tang, Linmin. 2019. In Chinese Government Balance Sheet in 2019, ed. Zhiyong Yang, and Bin Zhang, 104–131. China: Social Science Academic Press.
**. 2017a. Decisive Victory to Build a Moderately Prosperous Society in an All-Round Way—Seize the Great Victory of Socialism with Chinese Characteristics in the New Era, Report at the 19th National Congress of the Communist Party of China. People's Daily, October 28, 2017.
**. 2017b. Secure a Decisive Victory in Building a Moderately Prosperous Society in All Respects and Strive for the Great Success of Socialism with Chinese Characteristics for a New Era: Report at the 19th National Congress of the Communist Party of China. People's Daily, October 28, 2017.
Yang, Zhiyong. 2015. Exploration of Modern Financial System: China's Financial and Tax Reform from the Perspective of National Governance. Guangdong Economic Publishing House.
Yang, Zhiyong. 2018a. China's Financial and Political System Reform and Change (1978–2018a). China: Social Science Academic Press.
Yang, Zhiyong. 2018b. China's Fiscal System Reform (1978–2018b), 240–248. China: Social Science Academic Press.
Yang, Zhiyong, and Zhang Bin. 2019. Chinese Government's Assets and Liabilities Table. China: Social Science Academic Press.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2023 China Social Sciences Press
About this chapter
Cite this chapter
Yang, Z., Zhang, B. (2023). Mid-to-Long-Term Fiscal and Tax Reform and Financial Sustainability. In: **e, F., Cai, F., Li, X. (eds) The New Journey of China’s Economic and Social Development. Springer, Singapore. https://doi.org/10.1007/978-981-19-7915-6_9
Download citation
DOI: https://doi.org/10.1007/978-981-19-7915-6_9
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-19-7914-9
Online ISBN: 978-981-19-7915-6
eBook Packages: Economics and FinanceEconomics and Finance (R0)