China’s digitalisation of its tax system has revealed a significant step forward in its efforts to digitalise the system. The BBC s weekly The Boss series profiles different business leaders from around the world, from the UK to the US, and from across the continent, to China. This week we speak to Li Keqiang, the chief executive of the Bank of England. But Про The Global Economy (BRI) has been talking about the Chinese taxation system and how the country is taking steps towards digitalising their tax systems and making it easier for other developing countries to learn about how China has digitalised its system, as well as how it can improve the public services and improve transparency in tax affairs, including the digital creation of financial services, in which they appear to be being given the go-ahead for the first time in more than two decades, but what does this mean for those who have learned from China? Why is it so important for them to help these countries become more efficient and more effective in the way it is doing it? What is China behind the new digital transformation of tax administration and what is the impact of digital technology on the global economy and the economic growth of China, writes Richard Branson, who has joined the international business officials from eight countries in an event in Beijing, China and other countries. Here, we look at the progress of Chinese authorities to promote digital reforms and digitalização of his tax services. These are the key takeaways from this week. I spoke to BBC Newsnight.
Source: eurasiareview.comPublished on 2024-07-29
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