Report says tax authority's reform efforts are succeeding

China's tax authority made remarkable progress last year in its reform efforts, achieving positive changes in tax system structure, technology and the administrative culture, according to a report jointly issued by the World Bank Group and PwC.

The changes have helped to reduce the time in paying taxes by 20 percent from 259 hours in 2015 to 207 hours in 2016; that is also a reduction of 75 percent since 2004, according to the report: Paying Taxes 2018, which measured the ease of paying taxes across 190 economies.

"The Chinese State Administration of Taxation has been working hard to achieve its goal of establishing a modern tax administration system by 2020," the two organizations noted. Their report confirmed that a focus on tax reforms and technology in China has eased tax compliance burdens.