HIGHLIGHTS

　　Finance Minister Liu Kun: the implementation of the special additional deduction policy is the biggest highlight and the most difficult area of personal income tax reform

　　Vice Finance Minister Zou Jiayi attended the ASEAN+3 Finance and Central Bank Deputies Meeting held in Busan, Republic of Korea

　　MOF published a circular on further improving the harmonization between the old and the new government accounting standards system and strengthening the asset accounting of government-sponsored institutions

　　MOF published a circular on the preferential tax policies for poverty alleviation through relocation

　　China’s fiscal revenues and expenditures in November