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by echevil
2757 days ago
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> Where does the government's money comes from Looks like many people are interested in this. Combining some information from Chinese websites, the main sources of Chinese government includes the following: - Tax income: The top categories of tax income are value-added tax and business tax. - Operation income of state-owned companies. - Income from state-owned properties. e.g. A chunk of income of local governments come from selling lands to real estate companies. - Government debt. These may not be super accurate, but just to give an idea. |
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