SinoInsight 1 Sept. 3 The Chinese Academy of Fiscal Sciences released the PRC’s fiscal revenue and expenditure forecasts for the 14th Five-Year Plan period (2021-2025) in its 2021 bluebook (中國財政政策報告 [2021]). The bluebook stated that fiscal revenue in 2021 will see high growth due to the low base figure in the previous year, …
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