China's government is said to be urged to reform consumption tax in order to boost local income, according to China's Securities Journal

This suggests a push from within China for fiscal reforms aimed at increasing local income through adjustments to consumption tax.

Newsquawk StaffPublished 20 Mar 2026, 00:30 UTCOn the live feed at 00:10 UTC — 4 more headlines followed before this page went public

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China's government is said to be urged to reform consumption tax in order to boost local income, according to China's Securities Journal

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Context

If implemented, such reforms could stimulate domestic spending and indicate a broader shift towards enhancing economic resilience, which might positively impact consumer-focused sectors and asset classes in the region.

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