The author introduces fiscal policy focused on national economic recovery (1949-1952), planned fiscal policy (1953-1977), fiscal policy adapted to economic transition (1978-2011), and fiscal policy in the new era (2012-present). With "fiscal balance" as the central theme, he summarizes the fundamental principles and key dynamics underpinning China's fiscal policy and presents a clear framework for understanding the evolution and strategic rationale behind the country's approach to fiscal governance.
The title will appeal to scholars of Chinese economy, comparative economics, public finance, and macroeconomics.
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