Summary | Beijing may need to use other sources of revenue to
pensate local authorities, the analyst said.The newspaper is
affiliated with Xinhua News Agency.The newspaper said the draft
may be opened for public opinion.VAT revenue last year totaled
3.11 trillion yuan ($480 billion).Beijing could use increased
tax refunds to pensate them.| People's Daily Online | ...
pensate local authorities, the analyst said.The newspaper is
affiliated with Xinhua News Agency.The newspaper said the draft
may be opened for public opinion.VAT revenue last year totaled
3.11 trillion yuan ($480 billion).Beijing could use increased
tax refunds to pensate them.| People's Daily Online | ...
en.ce.cn | 27 April 2016