国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

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.

 
 
...
闽清县| 通榆县| 新民市| 大安市| 夏河县| 万州区| 抚松县| 盐津县| 朝阳县| 延安市| 浙江省| 民勤县| 明光市| 新津县| 永济市| 新兴县| 黄大仙区| 十堰市| 高尔夫| 宁都县| 金沙县| 天镇县| 太和县| 乐昌市| 昌吉市| 桦南县| 遂平县| 华宁县| 长白| 兴和县| 昌乐县| 德江县| 会宁县| 东台市| 长岛县| 南城县| 潮安县| 乐业县| 松潘县| 西畴县| 元阳县|