Reform the consumption tax and improve the local tax system.

A sound local tax system is an important part of the reform of the fiscal and taxation system. The outline of the "15th Five-Year Plan" proposes to improve the local tax system, promote the shifting of consumption tax collection to the local level, and increase local autonomous financial power. Experts believe that in order to improve the local tax system, we should start with the reform of consumption tax, focus on enhancing the sustainability of local financial power as the main goal, gradually cultivate stable tax sources. At the same time, we should focus on the development of key industries in each region, nurture high-quality tax sources, improve cross-regional coordination mechanisms, and optimize collection mechanisms.