Tax-Sharing System

Chapter
Part of the Social Development Experiences in China book series (SODEEXCH)

Abstract

The tax-sharing system carried out by the central government in 1994 may be regarded as a blanket dismissal of the fiscal responsibility system. As a brand-new fiscal reform, it not only embodied the efforts made by the central government to adjust its relationship between local governments and enterprises, but also its attempt to thoroughly transform direct governmental economic intervention into a comprehensive socialist market economy.

Copyright information

© Springer Nature Singapore Pte Ltd. and China Social Sciences Press 2017

Authors and Affiliations

  1. 1.Peking UniversityBeijingChina
  2. 2.Land Renovation CenterBeijingChina

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