Zhang S. Formation of fiscal policy in the context of the development of Ukrainian-Chinese economic activity

The object of the study is the process of forming fiscal policy in the context of the development of Ukrainian-Chinese economic activity. The purpose of the study is to develop theoretical, methodological and applied principles of forming fiscal policy and to economically assess the effectiveness of fiscal policy in the context of the development of Ukrainian-Chinese economic activity.The author used the following methods: statistical analysis method, modelling method, expert survey method, grouping method, factor analysis method, comparative analysis method, graphic method, tabular and economic-statistical modelling, questionnaire survey, logical generalization methods, structural-logical analysis method. The theoretical value of the results of the dissertation work lies in the development and improvement of the methodological and applied basis for the formation of fiscal policy in the context of the development of Chinese-Ukrainian economic activity..Scientific novelty of the results: for the first time, a model of Ukraine's fiscal policy in the context of Ukrainian-Chinese trade and economic cooperation has been developed as part of a comprehensive approach to assessing the impact of export-import operations, GDP dynamics, and the foreign trade balance of Ukraine with China, which is reflected in the receipts to the Ukrainian budget from foreign economic activity with China; The economic assessment of fiscal policy in the context of the development of Ukrainian-Chinese economic activity, which takes into account economic, social and political factors, has been improved. Recommendations have been developed for building an effective fiscal policy in the context of the development of Ukrainian-Chinese trade and economic cooperation; the model of fiscal policy formation in the context of sustainable development has been improved, revealing the issues of the interrelationships between open trade, CO2 emissions and economic growth; the model for analyzing factors influencing the functioning of the tax system in Ukraine and China has been improved, which involves a combination of factors of controllability, transparency, regionality, industry-specificity and efficiency of response to changes in the tax system of Ukraine and China; methods and approaches to evaluating fiscal policy in the context of Chinese-Ukrainian economic cooperation have been developed. The subject of the research is the theoretical and applied principles of improving fiscal policy in the context of the development of Ukrainian-Chinese economic activity. The author's recommendations are applied to building an effective fiscal policy in the context of the development of Ukrainian-Chinese trade and economic cooperation. The scope of use of the author's recommendations is enterprises and business entities that practice export-import operations with China and the European Union.