CAI MENG/CHINA DAILY The third plenary session of the 20th Central Committee of the Communist Party of China in July unveiled a series of measures to reform the country’s fiscal and tax system, which has pointed the way toward a new round of reforms. Historically, such reforms have achieved their expected goals and laid the … Continue reading The right way of advancing fiscal system reform
Tag: reform
Execs sanguine on H2 business climate in China
(From left to right) Allen Li, president of Cytiva in China; Leon Wang, executive vice-president of AstraZeneca; Nancy Wang, country manager at LinkedIn China; Shirley Zhao, president of Astellas China. [Photo provided to chinadaily.com.cn] Editor’s Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in China and their … Continue reading Execs sanguine on H2 business climate in China
New quality productive forces to rejuvenate market
(From left to right) Nat Madarang, president of Goodyear Asia Pacific; Sally Loh, executive officer of Otis Worldwide Corp and President of Otis China; Willie Tan, CEO of Skechers China, South Korea and Southeast Asia; Eric Chung, CEO of Nippon Paint China. [Photo provided to China Daily] Editor’s Note: These interviews with CEOs of major foreign firms gauge … Continue reading New quality productive forces to rejuvenate market
Foreign firms enthusiastic about opening-up progress
(From left to right) Ian Shih, president of Rockwell Automation China; Emon Zaman, senior vice-president and head of Asia Pacific at Aveva; Tetsuro Homma, executive vice-president of Panasonic Holdings Corp; Daniel Aylmer, CEO of IHG Greater China. [Photo provided to China Daily] Editor’s Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, … Continue reading Foreign firms enthusiastic about opening-up progress
Plenum reinforces MNCs’ optimism on China
(From left to right) Elie Luskin, managing director of Mobileye China; Hui Chen, president of IKEA Supply Area East Asia; Xie Xue, president of Vale China; Ginger Cheng, CEO of DBS China. [Photo provided to chinadaily.com.cn] Editor’s Note: These interviews with CEOs of major foreign firms gauge their outlook for the Chinese economy, their operations in … Continue reading Plenum reinforces MNCs’ optimism on China
Economist: (fiscal and) tax reforms should focus on pension and health care
In a recent interview with China Perspectives, Yao Yang, director of the China Center for Economic Research at Peking University, stated that the central-local relationship is particularly important for (fiscal and) tax reform. —”The central government probably has to take more expenditure responsibility, particularly in pension and health care,” he said.
Mitsubishi to join Honda-Nissan alliance
A Mitsubishi Motors sign is pictured next to a Mitsubishi Motors electric car at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. [Photo/Agencies] Japan’s Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, according to the Nikkei newspaper. The move will create a tie-up between automakers with combined … Continue reading Mitsubishi to join Honda-Nissan alliance