(Observation of the Two Sessions) Tax reduction, protection, direct access: three high-frequency verbs show "pragmatic China"

　　China News Agency, Beijing, March 6th: Tax reduction, security, direct access: three high-frequency verbs show "pragmatic China"

　　China News Agency reporter Xia Bin

　　The 2022 government work report was submitted to the National People's Congress for deliberation on the 5th.

　　"The biggest feature of this report is pragmatism, especially this year's policy orientation and task arrangement, the purpose is to implement it, achieve practical results, and give real benefits." Representative of the National People's Congress, full-time vice chairman of the Shanghai Municipal Committee of the Zhi Gong Party Shao Zhiqing told a reporter from China News Agency.

　　In the face of complex and ever-changing internal and external situations, China has taken the initiative to act and exerted its force precisely under the general tone of "steadfastness at the forefront and seeking progress while maintaining stability".

The three high-frequency verbs with a lot of ink in the report show China's image as a "pragmatic" power.

Tax cuts: the heat continues

　　Allowing enterprises to "play lightly" is one of the key considerations for the Chinese government's policies in recent years. "Tax reduction" has maintained a "high popularity" in this year's government work report: "Tax reduction and tax rebate" "It is expected that the annual tax rebate will be reduced." Taxes of about 2.5 trillion yuan (RMB, the same below)” and “continue to implement the tax and fee reduction policies to support manufacturing, small and micro enterprises, and individual industrial and commercial households”, these policies have become the focus of attention.

　　Qu Hongbin, chief economist of HSBC Greater China, told a reporter from China News Agency that when China mentioned a proactive fiscal policy in the past, it often paid more attention to increasing spending, but now it is "walking on two legs": while fiscal spending is important, reducing The tax intensity has also been continuously strengthened, leaving more resources to market players.

　　Tian Xuan, deputy dean of the PBC School of Finance at Tsinghua University, said that this year's tax cuts and fee reductions continued to strengthen compared with the previous year, mainly due to the impact of domestic and foreign economic conditions, releasing policy warmth, caring for market players, and helping to stabilize the economy.

　　In his view, the government will continue to improve policies such as burden reduction and relief, which is a major benefit to enterprises, implement a new combined tax and fee support policy, adhere to the combination of phased measures and institutional arrangements, and implement both tax reduction and tax rebate.

　　Tian Xuan bluntly said that in 2022, market players are still under great pressure. While introducing new tax reduction policies to improve market players’ ability to resist risks, they must also reflect structural, precise and effective measures, and strengthen efforts to support small and medium-sized micro-enterprises, individual industrial and commercial households, Support for manufacturing enterprises, risk mitigation systems and capabilities.

Enterprises have confidence, the market has opportunities, and employment is guaranteed, and the economy can be more dynamic.

Guarantee: concerned about people's livelihood

　　Guarantee people's livelihood and normal production and operation of enterprises; carry out pilot projects for occupational injury protection in new employment forms; ensure that school-age children go to school nearby; strengthen the protection of drugs for rare diseases; continue to ensure the housing needs of the masses...

　　This set of security "lists" in the report conveys the "temperature" of people's livelihood that China can still perceive while coping with the downward pressure on the economy.

To meet the people's urgency and relieve the people's worries, security is a gesture, but also a kind of confidence.

　　The fundamental support for improving people's quality of life is to maintain steady economic growth.

China's economic growth target for this year is set in consideration of the needs of stabilizing employment, protecting people's livelihood and preventing risks.

　　"The GDP growth target also reveals 'pragmatic', and the growth target for this year is set at around 5.5%. Compared with the growth rate of 8.1% last year, this year's target value looks relatively low, but in fact this is a high base last year. On the basis of medium-to-high-speed growth, the growth rate target is not low, and the needs of 'six stability', 'six guarantees' and risk prevention are fully considered." Tian Xuan believes that in the face of new downward pressure, it is not necessary to achieve this goal. It is easy, which reflects the initiative, puts stable growth in a more prominent position, and retains a certain degree of flexibility and mobility.

　　Qu Hongbin said that under the environment of increasing challenges and risks, the government still set a growth target of about 5.5% based on various factors, mainly from the "pragmatic" perspective of ensuring people's livelihood and stable employment. From the perspective of policy space, the government also has the ability and Determined to strive to achieve.

Direct: Wider range

　　In 2020, the first national two sessions after the outbreak of the new crown epidemic, the Chinese government innovatively proposed "direct" mechanisms and tools, so that "life-saving money" can reach the grassroots as quickly as possible, helping to stabilize employment and ensure operation.

　　In the past two years, the scope of direct access has been broadened.

This government work report proposes that all tax rebate funds go directly to enterprises and subsidy funds go directly to cities and counties.

"Money must be used directly." Shao Zhiqing said that funds are like blood. For small and medium-sized enterprises, if the flow of funds is delayed, the blood flow will be sluggish, and a step too late may be related to the survival of market players. risk.

Direct cuts reduce intermediate links, improve policy efficiency, and the effectiveness of alleviating pressure on enterprises and localities can be reflected more quickly.

　　Shao Zhiqing said that this direct mechanism of "one pole to the end" can also eliminate the phenomenon of "goose plucking hair" to a certain extent, and sufficient funds will enhance the sense of existence and acquisition of market players.

　　"In a deeper sense, direct access has become a pragmatic governance attitude, and the Chinese government has put forward higher requirements for the accuracy and effectiveness of policies." Shao Zhiqing said.

(over)