Money Matters

Local Government Finance in the People's Republic of China

Nonfiction, Social & Cultural Studies, Political Science, Government, Public Affairs & Administration
Cover of the book Money Matters by Asian Development Bank, Asian Development Bank
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Author: Asian Development Bank ISBN: 9789292548223
Publisher: Asian Development Bank Publication: December 1, 2014
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292548223
Publisher: Asian Development Bank
Publication: December 1, 2014
Imprint: Asian Development Bank
Language: English

The Third Plenum of the 18th Central Committee of the Communist Party of China in November reinforced the importance of public finance reform. Drawing on recent technical assistance from the Asian Development Bank (ADB), special reports, and the work of ADB staff, the publication offers observation and suggestion on how to pursue public finance reform. The publication also outlines practical actions that can be taken to improve budgeting, taxation, and the system of fiscal decentralization in the People's Republic of China. Special attention is given to the management of local government debt, the most pressing fiscal issue facing the People's Republic of China. The potential contribution of public-private partnerships is also introduced.

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The Third Plenum of the 18th Central Committee of the Communist Party of China in November reinforced the importance of public finance reform. Drawing on recent technical assistance from the Asian Development Bank (ADB), special reports, and the work of ADB staff, the publication offers observation and suggestion on how to pursue public finance reform. The publication also outlines practical actions that can be taken to improve budgeting, taxation, and the system of fiscal decentralization in the People's Republic of China. Special attention is given to the management of local government debt, the most pressing fiscal issue facing the People's Republic of China. The potential contribution of public-private partnerships is also introduced.

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