Tax reform in China’s 5-year plan aims to protect budgets without crushing firms
As Beijing vows a stronger fiscal role to buttress an economy facing mounting risks, policymakers face a core dilemma in optimising China’s national development blueprint for the next half-decade: how to raise sufficient tax revenue without imposing an excessive burden on businesses. A detailed explanatory guide on China’s 15th five-year…
bubmagNovember 12, 2025