• 11/26/2024

China warns localities not to use fines for funds, pledges ‘strict’ regulation

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China’s State Council has told local governments the imposition of heavy fines as a means of generating revenue would not be tolerated, putting those offices in a bind as traditional funding sources have dried up.

https://www.scmp.com/economy/china-economy/article/3252728/china-warns-localities-not-use-fines-funds-pledges-strict-regulation?utm_source=rss_feed