Fiscal policy accurately strives to stabilize the economy

Since the beginning of this year, positive fiscal policies have reached forward, continuously improved efficiency, more focused on accurate and sustainable, and played an important role in maintaining economic operations in a reasonable range.

Recently, the executive meeting of the State Council issued a number of measures to deploy new combined tax support policies and special debt issuance and use, and strive to increase fiscal policy to support the real economy. Experts point out that relevant measures will effectively help the real economy to respond to the impact of external environment, pass positive signals to market entities, and promote the expansion of China's effective economic demand.

Steady and orderly implementation of taxes support policies

The relevant person in charge of the Ministry of Finance recently introduced that the financial and tax departments at all levels have continued to accelerate the implementation of tax refund policies. The large -scale reserved tax refund and concentrated refund tasks have been basically completed. Since this year, the cumulative tax refund has exceeded 2 trillion yuan.

According to data from the State Administration of Taxation, as of July 20, this year, a total of new tax reductions, tax reduction, tax refund and slowing fees have exceeded 3 trillion yuan, and the 2000.5 billion yuan value -added tax reserved tax refund tax will be returned to the taxpayer account. More than three times the tax refund scale of last year; new tax reduction and reduction costs were 507.4 billion yuan, of which new tax reductions were 409.7 billion yuan, and new cost reductions were 97.7 billion yuan; cumulative tax slowing fees were 553.3 billion yuan.

In order to increase fiscal policies to support the real economy and further consolidate the foundation of economic recovery, China will introduce more tax support policies. The Executive Meeting of the State Council held on August 19 stated that the value -added tax reserved tax reserved in the pension and childbearing service industry was refunded at one time, and the increase was increased on a monthly basis. The energy vehicle purchase tax policy is postponed until the end of 2023, and it is expected to add 100 billion yuan in tax -free; maintain a stable consumption policy for new energy vehicle consumption, and continue to exempt the taxi tax and consumption tax.

The relevant person in charge of the Ministry of Finance stated that the smooth and orderly implementation of the combined tax support policy has played an important role in boosting the confidence of market entities, stabilizing market expectations, expanding effective investment, pulling the final consumption, and promoting the stable and healthy development of the economy. In the next step, the Ministry of Finance will increase policy propaganda, strictly prevent the risk of tax fraud, comprehensively release policy dividends, stabilize the macroeconomic market, and strive to achieve the expected goal of economic and social development throughout the year.

Fully release the efficiency of special debt policy

In terms of effective investment, local special bonds have the "four or two pounds" prying effect. Since the beginning of this year, the localities have accelerated the use of special bonds. In the first July, a total of 3.47 trillion yuan of new special bonds was issued.

Local debt limit space will also be revitalized according to law. On August 24, the State Council's executive meeting deployed 19 stable economic continuation policies, including the use of more than 500 billion yuan in special debt deposits in accordance with the law, and the issuance was completed by the end of October.

As of now, new special bonds used for project construction this year have basically been issued. How to improve the effectiveness of the use of special debt funds and form a physical workload as soon as possible? Yu Changge, a researcher at the Chinese Academy of Fiscal Sciences, believes that in order to fully release the effectiveness of the special debt policy, we should work hard on the optimization of the project, focusing on major strategies and local reality, strengthen the overall planning of the project, optimize investment and efficiency, investigate and open project advancement The blocking point, accelerate the project progress according to quality requirements, form more physical workload in the third quarter, and pull effective investment.

In the next step, the role of special bonds to stabilize the macro economy will be further played. The relevant person in charge of the Ministry of Finance said recently that the Ministry of Finance will guide the local government to make good use of the government's special bond funds, make full use of the recent window period with a relatively small scale of local government bonds, and complete the end of the new special bond issuance this year. Accelerate the use of special bond funds, in accordance with the requirements of "zero tolerance", urge localities to accelerate the management of special bond projects and effectively prevent the risk of special bonds. At the same time, research and guidance of local use of special debt limits, revitalize the debt limit space in accordance with the law, and play an effective investment role.

Active fiscal policy is more accurate and efficient

Experts believe that in order to maintain economic operation in a reasonable range, active fiscal policies should be more accurate and efficient.

Yu Changge analyzed that since this year, the complexity, severe, and uncertainty of China's economic development environment has increased, and the risks caused by expected factors have increased. Some local finances have increased their income and expenditure contradictions due to the decline in income and the rigid expenditure. To this end, we should strive to mobilize various fiscal policy tools to achieve the coexistence of stock and incremental policies, and better play the role of financial regulation in the macroeconomic.

More accurate -In addition to using the stock policy, you should also take care of the incremental policy tools, increase the control of the camera, and grasp the advance quantity and redundancy of the policy -oriented policy. "We should continue to implement the tax refund, tax reduction, social premiums and various rescue policies that have been introduced at a high quality, so that preferential measures should be implemented in time to relevant enterprises and individuals to ensure that they should be enjoyed. In advance to formulate new and more targeted tax support policies, focusing on the implementation goals such as disadvantaged groups, key industries, and key areas to more clear structural tax reduction policies. "Yu Changge said.

More efficient -Li Xuhong, a professor at the National Accounting School of Beijing, said that active fiscal policy is the key force to promote economic recovery and a necessary means for macro -control."In addition to the fiscal tool effects that help enterprises relying on the rescue of enterprises and give full play to the special debt of social capital investment, the efficiency of financial funds should be improved, and expenditures such as people's livelihood should be improved., Promoting the preferential tax policies of consumption, enhancing the sense of gain of residents, and the bottom line of people's livelihood from the aspects of income and expenditure. "Li Xuhong said.Reporter Wang Wenzheng

(Source: People's Daily)

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