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Latest Research on China


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Reorganizing rural public finance: Reforms and consequences

02/09/2010
Author : German Institute of Global and Area Studies (GIGA)
This article examines recent reforms to restructure rural public finance in China and their impact on local-government finance.
 

By John Q. Tian - Journal of Current Chinese Affairs 3/2009

 

The focus is on how fiscal income and financial expenditure are managed by local-level governments, particularly at the county and township levels, and how rural public and social services are financed. The article also looks at the development of intergovernmental transfers, ongoing administrative reform, more recent initiatives to extend public finance to cover rural residents as part of the comprehensive rural reform, and a new campaign to build a new socialist rural China.

 

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