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"An Overview of China's Public Finance China is the most populous country in the world, with a population of 1.4 billion right now. It has a history with written records for over three thousand years. More than two thousand years ago, a dynasty, Chin (221 B.C.-207 B.C.), was established, from which many believe that the name of China came. China's territory was shaped through conquering and being conquered. Currently, China's territorial area ranks third after that of Russia and Canada. China is an upper-middle income country in the world with a per capita GDP of about $10,000 up to now, and China is expected to become the largest economy in a decade. China is the largest trade partner for more than one hundred countries and its influence on the world economy has been fast growing over time"--
List of contents
1. An overview of China's public finance; 2. The fall and rise of government revenue; 3. Value-added tax, consumption tax, and other taxes on goods and services; 4. Individual income tax reforms; 5. Corporate income tax in China; 6. The size and structure of government expenditure; 7. Infrastructure development and financing; 8. Social security reforms; 9. Healthcare reforms; 10. China's growing local government debt; 11. Fiscal relationship between the central and local governments; 12. Fiscal reform for equitable and sustainable growth.
About the author
Shuanglin Lin is Professor of National School of Development at Peking University and honorary director of China Centre for Public Finance. His papers have appeared in Journal of Economic Theory and Journal of Public Economics and policy articles have appeared in the New York Times and China Daily. His recent coauthored paper on China's social security in China Economic Review won the Best Paper Award. He was Noddle Distinguished Professor of University of Nebraska Omaha, Chair of Department of Public Finance at Peking University, and President of the Chinese Economists Society.
Summary
Offering comprehensive, up-to-date and insightful analyses of China's public finance, the book examines reforms, identifies problems and provides solutions. Using the latest data and illustrative diagrams, the author explains everything with expertise and clarity. This is an indispensable resource for any researcher or student interested in China.
