Logo 16 Sep 2025

Legislature urges Beijing to stabilize tax-to-GDP ratio

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The 15th Five-Year Plan (FYP) (2026-2030) should focus on stabilizing the tax-to-GDP ratio.
That was one of the legislature's (NPCSC) recommendations in its Friday research report on the critical issues facing China in the next FYP period.
Why it matters: The NPCSC rarely takes public positions that...