MNI: China needs to expand the scope of taxation.....>

MNI: China needs to expand the scope of taxation for local governments in order

to establish a stable and sustainable system, Finance Minister Xiao Jie wrote in

an article Wednesday in the official People's Daily. In his analysis of how

China should reform its fiscal system under the guidance of the 19th Communist

Party Congress, Xiao said that the country would continue to make changes to its

taxation system for property, personal income and local governments, and that

steady progress had been made on creating related laws. He stressed that the

rights and responsibilities of the central government and local governments in

their fiscal relationship should be clear and balanced. (People's Daily)