Tax-Sharing Reform of China in 1994

id: tax-sharing-reform-of-china-in-1994-242-5613195
title: Tax-Sharing Reform of China in 1994
text: The Chinese government initiated a fiscal and taxation system reform in 1992, prepared and promulgated in 1993, and finally implemented in 1994. The reform was a large-scale adjustment of the tax distribution system and tax structure between the central and local governments, which was regarded as a milestone in the transition of China's fiscal system from planned economy to market economy. The main purpose of the tax-sharing reform is to alleviate the budget deficit since the end of the 1980s.
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category slug: encyclopedia
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original url: https://en.wikipedia.org/wiki/Tax-Sharing_Reform_of_China_in_1994
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date modified: 2023-12-10T05:15:21Z
main entity: {"identifier":"Q10872691","url":"https://www.wikidata.org/entity/Q10872691"}
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fields total: 13
integrity: 13

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