, July 30th. On the 30th, the State Council Information Office held a press conference to introduce the financial support for building a moderately prosperous society in an all-round way. Minister of Finance Liu Kun introduced at the meeting that from 2012 to 2020, the nation’s fiscal revenue totaled 1.428 million. 100 million yuan, an average annual growth rate of 5.7%.

The country’s growing financial resources provide a solid financial guarantee for the decisive victory in building a well-off society in an all-round way.

  Liu Kun introduced the financial support for building a well-off society in an all-round way from six aspects:

  The first is

scientific regulation to promote development


Since 2012, in accordance with the decisions and deployments of the Party Central Committee and the State Council, the Ministry of Finance has implemented proactive fiscal policies for ten consecutive years, in response to changes in economic development and market players’ urgent need to enrich policy connotations, reasonably determine the level of deficit rates, expand the scale of government investment, and implement large-scale reductions. Tax and fee reduction, and resolutely do not engage in strong stimulus of "overflow irrigation", camera pre-adjustment and fine-tuning, "precise drip irrigation", effectively play the role of counter-cyclical adjustment.

In 2021, in order to consolidate and expand the results of epidemic prevention and control and economic and social development, the national general public budget expenditure will exceed 25 trillion yuan, and the deficit rate will be around 3.2%. The annual new tax and fee reduction scale is expected to exceed 700 billion yuan.

At the same time, implement the requirements of the party and government organs to adhere to the tight life, further substantially reduce non-urgent and non-rigid expenditures, and run all businesses diligently and thriftily.

The precise implementation of the proactive fiscal policy effectively hedges the downward pressure on the economy and promotes economic operation within a reasonable range and high-quality development.

  The second is to

focus on the key to promote innovation


The financial department has always adhered to the innovation-driven development strategy, continued to increase investment in science and technology, and innovated and improved policy mechanisms.

From 2012 to 2021, the national general public budget for science and technology expenditure increased from 445.263 billion yuan to 932.1 billion yuan, totaling 7.07 trillion yuan in ten years, focusing on supporting integrated circuits, photovoltaic power generation, new energy vehicles, and new-generation information technology. Ensure key core technology research and support breakthroughs in technical bottlenecks and "stuck neck" problems.

With strong financial support, China's science and technology undertakings have made historic achievements and undergone historic changes, traditional industries have accelerated their upgrades, emerging industries have continued to grow, and a number of major scientific and technological achievements of landmark significance have emerged.

  The third is to make

overall plans to make up for shortcomings


The financial department firmly establishes a new development concept, vigorously promotes the coordinated development of urban and rural areas, and strives to improve the level of equalization of basic public services.

From 2012 to 2021, transfer payments from the central government to local governments increased from 4.54 trillion yuan to 8.34 trillion yuan, with an average annual growth rate of 7%. They also favor financially difficult regions and underdeveloped regions.

The national general public budget for agriculture, forestry and water expenditure has increased from 1.2 trillion yuan to 2.5 trillion yuan, an average annual increase of 8.5%, to support the promotion of rural agricultural development.

Research and promulgate fiscal and taxation policies to support the high-quality development of the Hainan Free Trade Port and the Guangdong-Hong Kong-Macao Greater Bay Area.

The coordination of urban and rural regional development continued to increase, and shortcomings in public services were quickly complemented.

  The fourth is to

secure the bottom line to protect people's livelihood


The financial department firmly establishes a people-centered development concept, insists on doing its best and doing what is within its power, and strengthening the construction of inclusive, basic and comprehensive people's livelihood.

Fully support poverty alleviation. From 2012 to 2020, the central government will invest 689.6 billion yuan in special poverty alleviation funds. In 2021, the central government will arrange for the central fiscal connection to promote rural revitalization subsidy funds of 156.1 billion yuan, accurately implement assistance measures, and increase poverty alleviation by industry and employment. Support and focus on solving the outstanding problems of "two no worries and three guarantees".

Continue to strengthen basic people’s livelihood protection, and promote education for young children, education for learning, income from work, medical care for sickness, support for the elderly, shelter for housing, and support for the weak.

During the ten years from 2012 to 2021, in the national general public budget, expenditures on education increased from 2.12 trillion yuan to 3.82 trillion yuan, expenditures on culture, tourism, sports and media increased from 226.835 billion yuan to 417.988 billion yuan, and expenditures on social security and employment increased from 226.835 billion yuan to 417.988 billion yuan. 1.26 trillion yuan increased to 3.44 trillion yuan, and health expenditures increased from 805.8 billion yuan to 1,865.9 billion yuan. The people's living standards have improved significantly, and the sense of gain, happiness, and security has been greatly enhanced.


green development and strong ecology


The financial department insists on matching capital investment with pollution prevention and control tasks, and vigorously supports the construction of a beautiful China with blue sky, green land and clear water.

From 2012 to 2021, the national fiscal expenditure on energy conservation and environmental protection increased from 296.346 billion yuan to 630.537 billion yuan, with an average annual growth rate of 8.8%. Focused on solving outstanding problems in the ecological environment, and promoted key progress in the fight against pollution. The three major defenses of blue sky, clear water and pure land The effect is remarkable, and the ecological environment is obviously improved.

Taking air treatment and forestry ecological construction as examples, in 2020, the PM2.5 concentration in 337 cities at prefecture-level and above will drop by 8.3% year-on-year, and the proportion of good days will be 87%, an increase of 5 percentage points year-on-year.

China's forest coverage rate has reached 23.04%, and the forest stock volume has exceeded 17.5 billion cubic meters. It has maintained "double growth" for 30 consecutive years and has become the country with the largest increase in forest resources in the world.


system integration and reform


The financial sector has actively played a leading role in reforms, focusing on the modernization of the national governance system and governance capabilities, and steadily deepening the reform of the fiscal and taxation system.

Since the 18th National Congress of the Communist Party of China, the reform of China's budget management system has been progressing steadily. The establishment of intergovernmental fiscal relations with clear powers and responsibilities, financial coordination, and regional balance has been accelerated, and significant progress has been made in tax reform.

In order to cope with the impact of the new crown pneumonia epidemic and improve the efficiency of the use of financial funds, we have innovatively established and normalized the implementation of a direct financial fund mechanism, and promoted direct funds to the grassroots of cities and counties to directly benefit enterprises and the people.

In 2021, the scale of central government funds involved will reach 2.8 trillion yuan, basically realizing full coverage of the central government's livelihood subsidy funds.

Judging from the situation in the first half of the year, the direct mechanism operated in an orderly and effective manner, which provided timely supplementary financial resources for the implementation of the "six guarantees" task at the grassroots level, and provided timely support for market entities to overcome difficulties.