Addressing Inequality in the People’s Republic of China

Publication | July 2022
SHARE THIS PAGE

This publication sets out recommendations to help policymakers tackle income inequality in the People's Republic of China.

Government spending in the People's Republic of China is largely decentralized, leading to unequal delivery of basic public services across wealthier and poorer provinces. This publication provides policy recommendations such as reforming the personal income tax, introducing gift and inheritance taxes, and implementing a nationwide property tax to broaden the tax base. Recommendations to address the fiscal gap include increasing fiscal transfers to poorer provinces, centralizing certain fiscal expenditure responsibilities, and strengthening local government fiscal revenue.

Contents

  • Introduction
  • Inequality and Taxation
  • Fiscal Relations and Basic Public Service Delivery
  • Policy Recommendations

Additional Details

Type
Series
Subjects
  • Economics
  • Governance and public sector management
  • Public financial management
Countries
  • China, People's Republic of
Pages
  • 16
Dimensions
  • 8.5 x 11
SKU
  • BRF220321-2
ISBN
  • 978-92-9269-667-2 (print)
  • 978-92-9269-668-9 (electronic)

Subscribe to our monthly digest of latest ADB publications.

Follow ADB Publications on social media.