HIGHLIGHTS

　　Finance Minister Liu Kun: China’s fiscal and tax reform from a global perspective

　　Finance Minister Liu Kun met with Takehiko Nakao, President of the Asian Development Bank

　　A delegation of China’s authoritative economic experts headed by Zhou Qiangwu, DG of IEFI of MOF, visited Japan

　　MOF published a circular on improving the local government debt management in 2018

　　The State Council decided to deepen the tax reform and further reduce the tax burdens on market entities

　　Revenue under China’s general public budget totaled 3.6553 trillion RMB from January to February