On July 21, the "Decision" pointed out that it is necessary to establish a central and local fiscal relationship with clear powers and responsibilities, coordinated financial resources, and regional balance. Promote the backward transfer of the consumption tax collection link and steadily delineate the local areas, improve the VAT retention tax refund policy and deduction chain, and optimize the proportion of shared tax sharing. Study the merger of urban maintenance and construction tax, educati...
On July 19, Han Wenxiu, deputy director of the Central Finance Office in charge of daily work and director of the Central Agricultural Office, said at the press conference of the Central Committee of the Communist Party of China held on July 19 that in response to the financial difficulties of local governments and grassroots levels, the "Decision of the Central Committee of the Communist Party of China on Further Deepening Reform and Promoting the Chinese path to modernization" passed by the Th...