Impacts of Fully Implementing "Business Change to Increase" on Economic Development of Qinghai Province
- DOI
- 10.2991/edmi-19.2019.3How to use a DOI?
- Keywords
- Business to increase; Qinghai Province; Economic development; Impact.
- Abstract
Since May 1, 2016, China has fully implemented the policy of "Business Increase" and the market economy has developed rapidly. Qinghai Province was once one of the pilot areas of "Ying Chang Zeng", and its economy has undergone tremendous changes. At present, China has fully implemented the "business to increase", which has a profound impact on the transportation industry, modern service industry, communications industry, financial revenue and taxpayers in Qinghai Province. It can be said that the policy of "business to increase" has the nature of tax reduction. It eliminates the repeated taxation in the fields of production and circulation, opens a smooth channel for VAT input tax deduction, solves the problem of incomplete chain of VAT deduction, and eliminates the congenital deficiency of China circulation tax system. However, with the implementation of the "business to increase" policy, various problems have emerged one after another.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Liping Xu PY - 2019/08 DA - 2019/08 TI - Impacts of Fully Implementing "Business Change to Increase" on Economic Development of Qinghai Province BT - Proceedings of the 1st International Symposium on Economic Development and Management Innovation (EDMI 2019) PB - Atlantis Press SP - 11 EP - 16 SN - 2352-5428 UR - https://doi.org/10.2991/edmi-19.2019.3 DO - 10.2991/edmi-19.2019.3 ID - Xu2019/08 ER -