BEIJINGâ€"China needs to improve its tax system to stimulate spending, Finance Minister Xie Xuren said Thursday.
The central government will study measures to expand a value-added tax trial, and improve China's consumption tax to "guide reasonable consumption" more effectively, Mr. Xie said in a statement on the ministry's website.
An experimental value-added tax reform, already in place in Shanghai, is expected to be expanded to Beijing soon. Under the program, certain parts ...
BEIJINGâ€"China needs to improve its tax system to stimulate spending, Finance Minister Xie Xuren said Thursday.
The central government will study measures to expand a value-added tax trial, and improve China's consumption tax to "guide reasonable consumption" more effectively, Mr. Xie said in a statement on the ministry's website.
An experimental value-added tax reform, already in place in Shanghai, is expected to be expanded to Beijing soon. Under the program, certain parts ...
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