Bloomberg News

China Will Accelerate Personal Income Tax Overhaul, Politburo’s Wu Says

March 09, 2012

China will accelerate overhauling the country’s personal income tax system to adjust the distribution of income, Wu Bangguo, head of China’s National People’s Congress, said in a speech today in Beijing.

To contact the reporter on this story: Michael Forsythe in Beijing at

To contact the editor responsible for this story: Nicholas Wadhams at

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