China News Agency, Beijing, May 30 (Reporter Zhao Jianhua) The video conference on the work of national financial support to stabilize the economic market (hereinafter referred to as the conference) was held in Beijing on the 30th.
The meeting laid out a series of fiscal policies.
These policies include: increasing the value-added tax refund policy, and helping enterprises to tide over the difficulties; speeding up the progress of fiscal expenditures, and giving full play to the benefits of funds and policies as soon as possible; accelerating the issuance and use of local government special bonds and expanding the scope of support, focusing on promoting stable growth and stability Investment; support the healthy development of small, medium and micro enterprises to relieve difficulties and develop; effectively expand investment and consumption, release the potential of domestic demand; ensure food and energy security; support the stability of the industrial chain and supply chain, and promote a smooth economic cycle; improve policies and measures to effectively protect the basic livelihood of the people.
Among the 33 policy measures in the State Council's 6 aspects of stabilizing the economy, 24 are directly related to the responsibilities of the financial department, covering taxation, special bonds, government procurement, spending policies, people's livelihood and social security, etc.
The meeting called for insisting on "three guarantees" expenditures as the focus of budget expenditures. First, ensure that teachers and other key groups receive salaries and pensions on time, and ensure the supply of vaccines, nucleic acid testing, patient treatment, epidemic prevention materials and necessary living materials. The necessary expenditure for epidemic prevention and control is an important part of the "three guarantees" expenditure.
All localities should increase the transfer payment support for the "three guarantees" of cities and counties, and support the stabilization and recovery of the economic market with strong and effective "three guarantees".
The total amount of new tax rebates introduced by China's various tax rebate policies this year has reached about 1.64 trillion yuan (RMB, the same below).
The Ministry of Finance stated that in the first half of the year, it will basically complete the centralized refund of the remaining tax credits for small enterprises and medium and large enterprises in the manufacturing and other industries.
At the same time, strengthen the guarantee of treasury funds, and must not affect tax rebates and the "three guarantees" at the grass-roots level because of funding problems.
In terms of stabilizing market players, the meeting introduced that government procurement will be strengthened to support small and medium-sized enterprises, and the price deduction ratio for small and micro enterprises will be increased to 10%-20%; The share of procurement has been increased from more than 30% to more than 40% in stages this year.
The meeting also revealed that as of May 27, a total of 1.85 trillion yuan of new special bonds had been issued, an increase of about 1.36 trillion yuan over the same period last year, accounting for 54% of the issued limit.
Provincial financial departments should ensure that the issuance of new special bonds this year is basically completed by the end of June, and strive to basically be used up by the end of August.
(Finish)