Title: Finance-Taxation Policy to Develop China's Circular Economy
Abstract: The predatory resource exploitation featured the traditional economical mode, which damaged very seriously the environment on which the human-kind relies to maintain existence. Along with the thought of sustainable development coming into consensus in the world, many nations begin to set up a new mode of circular economy that the resource exploitation shall be reduced with friendly environment kept on. As a nation of which the economy develops at high speed, China's environment has been severely wrecked. So, it is an inevitable and urgent choice for China to set up and develop a sound mode of circular economy for its sustainable development. In this respect, perfecting the finance-taxation policy is necessary to support and develop circular economy. Started from the concept of circular economy, some policy problems are discussed, such as purchasing expenditures, financial subsidy, tax revenue and credits. In view of the international practice, some measures are proposed to take to implement the policy.
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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