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Analysis of Fiscal and Taxation Policy for Promoting Economic Development in Free Trade Zone

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DOI: 10.23977/emsshr.2019.111

Author(s)

Ye Yonghui

Corresponding Author

Ye Yonghui

ABSTRACT

Efforts to develop social economy are an important task of the country. Since reform and opening-up in China, our social and economic development has made rapid progress, especially the rapid development of market economy. Economic strength is one of the important national strength foundations of a country. Only the steady development of social economy can promote the sustainable development of education, culture and military. Strong economic strength is the basic guarantee for a country to stand steadily in the international environment. Therefore, it is necessary and meaningful to explore and analyze the development of various national economies. This paper mainly discusses the fiscal and taxation policies that promote the economic development of the Free Trade Zone, and explores the corresponding solutions based on the analysis of the problems. Free Trade Zone is a special economic area planned by our country to keep up with the changes of international economic environment. With the continuous development and expansion of trade liberalization in most countries in the world, the status and role of Free Trade Zone in the international arena are becoming more and more obvious and important. In order to keep up with the pace of international economic development, China has also established a Free Trade Zone in accordance with China's national conditions. In order to further promote the economic development of China's Free Trade Zone, this paper studies and analyzes the fiscal and taxation policies of domestic and international major Free Trade Zone, hoping to contribute to the economic development of China's Free Trade Zone.

KEYWORDS

Free Trade Zone, economic development, fiscal and taxation, policy, analysis

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