Trivium Neopol - Econ and Finance | Logo 14 Jun 2022

The mountain is high and the emperor is here to help

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City and county level governments need cash, bad.

On Monday, the State Council released guidelines for reforming the sub-provincial fiscal system.

Some context: The Party’s most important policymaking body, the CCCDR, approved the doc in April.

The document aims to address this key issue:


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