
Xiao Jie (肖捷 ), Director-General of the State Administration of Taxation (SAT)
"2012 is an important year for the implementation of the 12th Five-Year Plan. Doing a good job of collecting taxes in 2012 is of great importance for the consolidation of the good trends in China's social and economic development and for creating a good environment for the convening of 18th National Congress of the Communist Party."
Xiao Jie, at the National Taxation Work Conference on Dec 27, 2011.
Key phrase: Fair taxation under the law, expand the scope of value-added tax
Core concerns: System-wide tax cuts are expected in 2012 with preferential treatment for small businesses and emerging industries as well as a broadening of the categories of goods to which value-added tax is applied and preferential treatment for small and very small businesses and new emerging industries.