1. Wong, C. P. (2000). Central-local relations revisited the 1994 tax-sharing reform and public expenditure management in China. China Perspectives, 52-63.
The author discusses China’s 1994 tax distribution reform and its impact on public expenditure management. The study pointed out that after the tax distribution reform, the relationship between central and local governments has changed. The article analyzes the degree of control of the central government over taxation after the reform, and the role of local governments in the management of public expenditure. The authors point out that this reform has had a profound impact on China’s fiscal system and public spending, as well as on cooperation and decision-making between central and local governments.
This study provides an empirical analysis of China’s tax system reform, which provides a valuable reference for my thesis. I can draw on the viewpoints and research methods in this literature to support my discussion of tax system issues and reform proposals in China’s development strategy transformation. In addition, the document provides a concrete case for my thesis, which can be used to demonstrate the impact of tax system reform on China’s public expenditure management and the relationship between the central and local governments, thereby strengthening the arguments and points of the thesis.
2. Fang, H., Su, Y., & Lu, W. (2022). Tax incentive and corporate financial performance: Evidence from income tax revenue sharing reform in China. Journal of Asian Economics, 81, 101505.
This paper discusses the impact of China’s income tax revenue-sharing reform on corporate financial performance. By analyzing the implementation of tax incentives, the authors examine the impact of these measures on firms’ financial performance. Their research results show that the tax incentive policy of income tax revenue-sharing reform has improved the financial performance of enterprises to a certain extent, making enterprises get more preferential tax treatment, and then have a positive impact on the financial performance of enterprises.
This paper provides empirical evidence for my thesis and supports the suggestion of adopting tax incentive policies in the reform of China’s tax system for nowadays. I can refer to the research results in this literature, as well as their analysis of the impact of tax incentive policies on corporate financial performance, to strengthen my proposals for tax system reform. This research can provide a concrete case for your paper on how introducing incentives into the Chinese tax system may have a positive impact on business performance, providing strong support for the thesis’s views