Research on the Impact of China's Economic Shift on Taxation Structure from the Perspective of Literature Review

摘要

The downward trend of the economic growth in China was quite obvious since the 18th CPC National Congress, which was manifested by the fact that the economic growth rate in 2013 was 7.7%, the economic growth rate in 2014 fell to 7.3%, while in 2015 it was further down to 6.9%. In the following two years, it had been declining year by year, and the downward pressure had continued to increase. When Jinping Xi visited Henan in May 2014, he put forward the expression of "new normality" for the first time. The "new normality" implied the change of the economy from high rate of growth to medium-high rate of growth. With the advent of "new normality" of China's economy, the relationship between major tax categories and corresponding industries had entered a period of deep adjustment, and it was expected that the growth of the tax revenue would be greatly affected. Therefore, the slowdown in economic growth and structure adjustment under the "new normality" were bound to have profound impacts on the tax growth trend and structure. This paper mainly analyzed the impact of China's economic shift on the taxation structure from the perspective of literature review.