Suchergebnisse

1. Facing the new normal of economic development -- 2. Implement the new development concept -- 3. With supply-side structural reform as the main line -- 4. Constructing a macro-control system in the new era -- 5. New interpretation of active fiscal policy -- 6. New policy of tax reduction and fee reduction -- 7. Promoting high-quality economic development.

Fiscal policy has always been a primary measure of macroeconomic control. The fiscal revenue and expenditure can influence the operation of the whole economic and social activities by changing the existing GDP distribution pattern, affecting the consumption and investment of enterprises and people, etc.

National debts management and macroeconomic regulation -- Empirical analysis of china's national debts since the reform of economic system in 1978 -- Empirical analysis of the influence of china's national debts on total social demand -- On the relationship between tax and price in market economy -- Study of the economic effect mechanism of national debts issuance -- Several opinions about the scale of china's national debts -- Macro views on taxation : analysis of several current major taxation issues -- Four basic judgments on tax cuts -- Finance & taxation situations, policies and reforms -a review of several major finance -- And taxation issues in the face of the "11th five-year plan" period -- On China's current fiscal tendency -- Analysis of current major taxation issues -- Several major changes of China's macroeconomic policy pattern -- Tax reduction : complexity in china -- Chinese finance under the "new normal" : several tendency changes -- Index

Cover -- Title -- Copyright -- Contents -- List of figures -- Foreword for the Chinese edition -- Acknowledgments -- 1 China's taxation after rejoining the GATT -- 2 The evolving foreign-related preferential tax policy in China -- 3 Overall accounting and detailed accounting: consideration of China's current fiscal policy -- 4 Selection of tax policy against the background of deflation: discussion of current tax cut claims -- 5 Prevention and control of SARS and arrangement of finance and taxation: influence and countermeasures -- 6 Proactive fiscal policy pursuits for both philosophical and initiative breakthroughs -- 7 Icebreaking prudent fiscal policy: analysis of the current orientation of China's fiscal policy -- 8 A new round of proactive fiscal policy: progress review and tendency forecast -- 9 Current economic situation and 2012 fiscal policy -- 10 Macroeconomic policy options against the background of a complicated and volatile economy -- 11 Remain calm in the face of declining growth of financial revenue -- 12 Promotion of local government debt to the "new normal" by in-depth reform -- 13 Profound knowledge in the "new normal" of finance -- Index

Purpose
More and more statistics have repeatedly shown that as the economic development has entered the New Normal, the Chinese fiscal system has experienced tremendous changes. Although chance cannot be ruled out, much of those changes indicate trends, and they can even be said to be the result of the law of economic development. These trends and changes have repeatedly demonstrated that, as a reflection and an inevitable result of the economic developing speed shift, structural adjustment and energy conversion, the Chinese fiscal system, far from the conventional operating state, has progressed on a new path. The paper aims to discuss this issue.


Design/methodology/approach
This paper systematically analyzes several new trends and changes in the Chinese fiscal system under the New Normal. First, revenue growth has experienced a sharp downward trend, while the tax elasticity coefficient has declined rapidly. Second, fiscal expenditure has risen against the tendency, while the rigidity of expenditure has kept on increasing.


Findings
Considering the present fiscal and taxation system reform with the analysis above, it can be seen that if the reform's progress for the past two years is slower than expected – thus, preventing the effects of all aspects from a timely achievement – then, in the recent period, the agreement on the fiscal and taxation system reform will be reached and challenges entirely different from the past, including sharp slowdown in revenue growth rate, fiscal expenditure rising against trend and increases in fiscal deficit and government debts will be faced. The factors encouraging the reform are gathering gradually. The growth of the strength to push the reform forward is speeding up. And the pace of the reform in relevant areas is quickening.


Originality/value
In the face of those trends and changes, on the one hand, the authors should deeply understand and accurately grasp them through a comprehensive summary and systematic analysis. On the other hand, a series of conventional ideas, thoughts and strategies should be adjusted comprehensively and duly. Taking a train of new ideas, thoughts and strategies, the authors ought to actively adapt to and initiate a new Chinese fiscal structure under the New Normal of China's economy.

"Publication Details" -- "Preface" -- "Contents" -- "1 Background, Statement and Positioning" -- "1.1 Background of This Book" -- "1.2 Construction of Chinese Public Finance" -- "1.3 Positioning: "Roadmap" and "Evaluation"" -- "2 Some Basic Works" -- "2.1 Atypical Market Economy" -- "2.2 Essential Feature of Public Finances" -- "2.3 Ideological Foundation" -- "2.4 A Brief Summary of Existing Reform Process" -- "3 Construction of Indicator System Framework" -- "3.1 Literature Review" -- "3.2 Screening of Indicators: Principles and Technical Requirements" -- "3.3 Construction of Index System" -- "3.4 Selection of Main Factors for Characterization" -- "3.5 Sub-factors" -- "4 Methodological Basis of the Index System" -- "4.1 Public Finance Construction Index Framework" -- "4.2 Selection of Public Finance Evaluation Indices" -- "4.3 Importance Analysis of Public Finance Factors" -- "4.4 Composition Method of Public Finance Construction Evaluation Index" -- "4.5 Data Collection and Processing in Quantitative Evaluation" -- "Appendix 4.1 Public Finance Construction Questionnaire (Government, Public Institutions)" -- "Appendix 4.2 Public Finance Construction Questionnaire (Enterprise)" -- "Appendix 4.3 Public Finance Construction Questionnaire (Residents)" -- "5 Screening of Indicators: Fundamental Environment Level" -- "5.1 Government Intervention" -- "5.2 Non-profit-making" -- "5.3 Concentration of Revenue and Expenditure" -- "6 Screening of Indicators: Institution Framework Level" -- "6.1 Finance Under Rule of Law" -- "6.2 Financial Democratization" -- "6.3 Power Decentralization Normality" -- "7 Screening of Indicators: On Operation Performance Level" -- "7.1 Financial Equalization" -- "7.2 Sustainability" -- "7.3 Performance Improvement" -- "8 Screening of Indices: With the Background of Economic Globalization

This book employs a qualitative analysis of China's publicly financed construction sector, taking the system design as its point of departure and applying comprehensive evaluation techniques to create an index system for this type of construction - which in turn serves as a basis for quantitatively evaluating China's publicly financed construction sector. Given the fact that China's publicly financed construction sector is a very complex field of systems engineering involving multiple subsystems, as an important indicator of China's fiscal innovations since its reform and opening, publicly financed construction is now shifting from theory to practice, demonstrating that China has entered an era of fully publicly financed construction.--