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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 source
by echevil 8y ago
> 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.