综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Make me your Homepage
left corner left corner
China Daily Website

Central-local relations at heart of fiscal reform

Updated: 2013-10-22 07:24
By Zheng Yangpeng ( China Daily)

Heavy reliance on land sales has given local governments a big stake in the country's property market, which has in turn made them reluctant to rein in skyrocketing home prices.

Meanwhile, local government debt, usually issued without close scrutiny, has risen to a worrying level, although no one knows for certain exactly how much debt is involved.

Ma said that one approach to the reform is to transfer more spending responsibility from local governments to the central government. These responsibilities could include social security, some aspects of healthcare and education.

The central government should also shoulder expenses that involve cross-regional management.

Under the 1994 tax arrangement, the gap between local governments' revenue and spending was partly addressed by a system of intergovernment transfer payments.

But too many of the transfers are earmarked, which has given central ministries great latitude in allocating resources.

Moreover, provincial governments have considerable freedom when it comes to transferring resources to sub-provincial governments.

Besides moving more spending responsibility to the central government, another goal is to boost local governments' fiscal base. Jia Kang, director of the Institute of Research at the Finance Ministry, said at a recent forum that local governments will be given more revenue after the November meeting.

 
 
...
长治县| 孟津县| 晋州市| 桂平市| 东方市| 威信县| 彭山县| 余江县| 靖宇县| 宜州市| 光泽县| 合水县| 灵台县| 鄂州市| 宾阳县| 无极县| 邯郸县| 大埔区| 临沧市| 舞阳县| 淳安县| 固原市| 保靖县| 德令哈市| 宾川县| 丽水市| 陇南市| 肥西县| 邢台县| 仙桃市| 九台市| 平塘县| 芜湖县| 宁海县| 莱芜市| 郑州市| 乐亭县| 濮阳县| 惠安县| 亚东县| 桃江县|