China to establish modern financial system: communique

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December 23, 2013 -- A modern fiscal system that supports the initiative of both central and local authorities should be set up, said a communique issued Tuesday after a key meeting of the Communist Party of China (CPC). China needs to improve its budget management and taxation systems in a bid to make responsibilities of government agencies match properly with what they spend, the communique said. It is essential that China improves related legislation, ascertains government bodies' responsibilities, reforms the taxation system and ensures budgeting is transparent, it said. A proper fiscal system provides institutional guarantee for optimized allocation of resources, social equality and long-term stability, the document added. The document was adopted by the third Plenary Session of the 18th CPC Central Committee held from Nov. 9 to 12 in Beijing. Tags: Rapid Prototyping, Rapid Prototyping China, Plastic Tooling, Plastic Tooling China, Rapid Prototype, Rapid Prototype China, Rapid Tooling, Rapid Tooling China, CNC Prototype, CNC Prototype China, Functional Prototype, Functional Prototype China, Metal Prototype, Metal Prototype China, Plastic Prototype, Plastic Prototype China, Rapid Manufacturing, Rapid Manufacturing China, Low volume production, Stereolithography, Stereolithography China, Vacuum Casting, Vacuum Casting China, whatsapp marketing, wechat marketing, seo, e marketing, �W��OӋ�ṩseo, e marketing, web design by zoapcon