On March 2, invited by State Administration of Taxation, dean of IPPA Prof. Hu Yijian accepted the interview of the people’s daily in E-house of Two Congresses of people’s net of the people’s daily to demonstrated the bonus of VAT reform, together with director of SAT Wang Jun, Chairman of the board of Bosideng Co., Ltd Gao Dekang, and chief economic manager of Beijing SAT Gao Ruijun.
VAT reform Shanghai pilot began in Jan 1 2012, and expanded to the whole nation in two years, releasing great energy to accelerate the development of China’s economy. VAT reform reduced tax burden of 95% corporate, had a in-depth influence in economic growth, structure adjustment, corporate development, and corporate transformation, and brought a series of reform bonus.
In the one-hour’s interview, they talked about strategic meaning of VAT reform, major problems of VAT reform, future steps of VAT reform. The content was reported on the people’s daily on March 7 and the video material was published in E-house of Congress of People’s net.
People’s net video link
http://tv.people.com.cn/n/2014/0306/c376628-24541939.html