Money Matters: Local Government Finance in the People's Republic of China
Asian Development Bank | December 2014
Abstract
The Third Plenum of the 18th Central Committee of the Communist Party of China in November 201 reinforced the importance of public finance reform. Drawing on recent technical assistance from the Asian Development Bank (ADB), special reports, and the work of ADB staff, the publication offers observation and suggestion on how to pursue public finance reform. The publication also outlines practical actions that can be taken to improve budgeting, taxation, and the system of fiscal decentralization in the People’s Republic of China. Special attention is given to the management of local government debt, the most pressing fiscal issue facing the People’s Republic of China. The potential contribution of of public–private partnerships is also introduced.
Citation
Asian Development Bank. 2014. Money Matters: Local Government Finance in the People's Republic of China. © Asian Development Bank. http://hdl.handle.net/11540/2373. License: CC BY 3.0 IGO.Print ISBN
978-92-9254-821
Keywords
Governance
Corporate Governance Reform
Governance Approach
Governance Quality
Public Sector Reform
Government
Public Administration
Political Leadership
Public enterprises
Public finance
Public management
Government accountability
Government services
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http://hdl.handle.net/11540/2373Metadata
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