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.
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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).
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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
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