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Promoting Green Development in China's New Development Stage Through Tax Reform

Author

Listed:
  • Fu Zhihua

    (Chinese Academy of Fiscal Sciences, Beijing 100142, China)

  • Cheng Yu

    (Chinese Academy of Fiscal Sciences, Beijing 100142, China)

Abstract

Green growth is not only an important way to build ecological civilization and promote economic transformation, but also the core essence of ensuring high-quality economic development in the new development stage. Optimization of tax system design is a key measure to release institutional dividend to promote green development. From the perspective of tax reform, this paper analyzes the current situation and the challenges of tax greening in China in recent years, and puts forward general thoughts and suggestions on how to promote green development at the new stage so as to create a two-wheel drive mechanism of carbon tax and environmental protection tax, lead the structural reform of China’s tax system, continuously improve tax regulation, and construct a green tax system with multiple taxes and means to cooperate with each other and to regulate it comprehensively and effectively.

Suggested Citation

  • Fu Zhihua & Cheng Yu, 2021. "Promoting Green Development in China's New Development Stage Through Tax Reform," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 5, pages 44-50, October.
    • Handle: RePEc:fru:finjrn:210503:p:44-50
    DOI: 10.31107/2075-1990-2021-5-44-50
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    References listed on IDEAS

    as
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    3. Sam Meng & Mahinda Siriwardana & Judith McNeill, 2013. "The Environmental and Economic Impact of the Carbon Tax in Australia," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(3), pages 313-332, March.
    4. Wen-Hsien Tsai, 2020. "Carbon Emission Reduction—Carbon Tax, Carbon Trading, and Carbon Offset," Energies, MDPI, vol. 13(22), pages 1-7, November.
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    Cited by:

    1. Alexey Mikhaylov, 2022. "Sustainable Development and Renewable Energy: A New View to a Global Problem," Energies, MDPI, vol. 15(4), pages 1-4, February.

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    More about this item

    Keywords

    tax reform; new stage of development; green development;
    All these keywords.

    JEL classification:

    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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