Ministry of Finance: Actively cooperate in promoting the legislation of the consumption tax law and other laws in 2026.
Sina Finance News on March 30th, in 2026, the Ministry of Finance will accelerate the promotion of legislation reform and abolition of finance laws and regulations, implementing the legislative work plan of the National People's Congress Standing Committee, the State Council legislative work plan, and actively cooperate in promoting legislation on the Registered Accountants Law, Consumption Tax Law, Government Procurement Law, Tax Collection and Management Law, Social Assistance Law, State-Owned Assets Law, etc. The Ministry of Finance released the Annual Report on the Construction of a Rule of Law Government in 2025 on March 30, clarifying the above arrangements.
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