Source: CCTV.com

03-09-2007 14:33

Special Report:   2007 NPC & CPPCC sessions

Guest Speakers:

Li Daokui, professor, Tsinghua University

Bert Hofman, lead economist, World Bank China Office

There is no doubt that after some five years of deliberations and consultation, the dual-track tax system is likely to be unified to level the playing field. The eventual tax rate is supposed to be set at 25%. Will there be a drop in the general tax revenue for this country up to this country up to this approval? Can the homegrown industry enjoy the long-awaited national treatment? What does this mean to shift emphasis from regional preference to sector-based policies?

 

Editor:Liu Fang