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Reforming fiscal relationships in China

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Reforming fiscal relationships in China


UC Riverside HUB 379

Start Date/Time

5/17/2018 12:00 PM

End Date/Time

5/17/2018 2:00 PM

Type of Event

Conferences Workshops and Seminars


UCR School of Public Policy,


"Reforming fiscal relationships between central-local governments in China: challenges and opportunities"
by Professor Junsheng (Fred) Li, The Central University of Finance and Economics, Beijing, China

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Event information:
Directions to UCR: Location of venue:  

Parking is not free for this event. Attendees must purchase a parking permit via a permit dispenser in Lot 24 (not the parking kiosk/information desk):  

In recent years, the Chinese authority proposes to "establish a modern fiscal system and to encourage both the central and local governments to take initiatives,” which signals a new direction in China's fiscal and taxation reform. The reform aims to specify and formulate financial relations between the central and local governments, and promote the active roles of both to improve the government’s macro-regulatory capacities, and to allow markets to play a central role in resource allocation. This talk focuses on the current state of fiscal relations between central-local governments, and the reform and development of local fiscal revenue system. Dr. Li will discuss different approaches and ideas developed in China’s financial community and share his thoughts on the Neo-market Public Finance Theory, in the context of the financial system and reform in the Chinese government. 

Dr. Junsheng (Fred) Li is a Professor of public finance at The Central University of Finance and Economics (CUFE) in Beijing, China, where is also the chair of University Academic Board, and the director of the Center for China Fiscal Development. Professor Li’s research interests include public finance theory, budgetary theory and fiscal Policy. 

Professor Li has extensive academic and policy experience. He is an advisor to China’s Ministry of Finance, and served as a member of China’s 7th Science and Technology Commission under the Ministry of Education. He is also the vice president of the Chinese Association of Public Finance, and the chair of the China Branch of the International Fiscal Association. 

Cost: Free

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