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Home >> Business
UPDATED: 09:51, December 31, 2004
Fiscal reform to favor the poor in China
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The Chinese government wants to distribute its fiscal resources more equally across the country, to reduce the disparities between the rich and the poor. That is why it has joined forces with the United Nations Development Program and launched a project to support the government's on-going fiscal reform.

As the national economy develops, the Chinese government is making sure that poor people's basic rights to education and medical services are not left behind.

To ensure that low-income and disadvantaged citizens can benefit from the economic growth, the Chinese government and the UNDP in China have jointly launched a four-year program and invested 10 million US Dollars in fiscal reforms.

Wang Li is deputy administrator of the State Administration of Taxation. He says the project will provide technical support to the ongoing reforms in budget planning and taxation management.

"It covers important aspects of tax administration work including tax-payer service, organizational restructuring, human resource allocation, environmental taxation and international taxation."

He says the program will also help ease the government's capacity constraints in implementing fiscal reforms at the sub-national levels, especially in less-developed regions.

The United Kingdom's Department for International Development or DFID is one of the sponsors of the project. Adrian Davis, head of DFID China, says their main interest in the project is to create a fiscal system that delivers resources to disadvantaged groups.

"Our role is always to help government reduce poverty. We think fiscal reform is very important for that because the transfer of fiscal resources to poor and poor regions is a very important way for them to access health and education services, which now they increasingly have to pay for."

Other sponsors of the program include UNDP, the Ministry of Finance, and the State Administration of Taxation

Source: CRI News


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