Since the 18th National Congress of the Communist Party of China, as China's economy has entered a new normal and a new round of fiscal and tax system reform is constantly deepened, "tax and fee reduction" has been placed great expectations as a major decision of the central government to coordinate and promote steady growth and reform, and has become a basic institutional arrangement to promote China's sustainable economic and social development. So why introduce massive tax and fee reduction? What are the specific policies? Are they "the most powerful and unprecedented in history"? How is the specific situation and enthusiasm of local governments in implementing the policy of "tax and fee reduction"? Is it financially sustainable? Is it effective? To answer these questions, A series of videos will be released by Yangtze IDEI. Researcher Zhang Yueyou will answer them one by one. In the video, researcher Zhang Yueyou believes that there are four policy backgrounds: the 18th National Congress of the Communist Party of China proposes to start again with the reform of socialist market economy; tax system reform; the combination of bottom promotion and top-level design; international tax competition. These four policies are respectively given a detailed introduction and analysis.
