China vice-premier signals reform to reshape central-local finances amid funding pressure
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Source: South China Morning Post
Published: 2026-08-27 21:00 UTC+10:00
Section: Huachuang Securities
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Science, Asia, Economy & Finance, China, Tax & Budget, Business & Economy, Asia Pacific
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Snippet:
Ding Xuexiang discusses a fiscal reset through expanded local discretion, bigger outlays from the central government and scientific fiscal management pilots
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