China’s cabinet clears path for VAT law to take effect next month
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed…
China’s fiscal pivot: tax reform in 5-year plan to protect budgets without crushing firms
As Beijing vows a stronger fiscal role to buttress an economy facing mounting risks, policymakers face a core…
From rail to nuclear power, China taps private capital to fund major projects
China has unveiled new measures designed to channel private capital into traditionally state-funded infrastructure projects, as Beijing steps…
China calls for faster, broader adoption of advanced tech to cement industrial power
China’s State Council has called for the faster development and wider rollout of large-scale testing and application environments…
Local Chinese government’s stimulus plan entices big spenders to dig in while dining out
A local government in China’s provincial economic powerhouse of Zhejiang has announced plans to subsidise the restaurant meals…