China News Service, September 5th. On September 5th, the State Council Information Office held a regular briefing on policies of the State Council. Assistant Minister of Finance Owen Han said that after the introduction of a package of policy measures to stabilize the economy, the Ministry of Finance attached great importance to it and quickly refined it. Relevant work, resolutely do a good job in the implementation of relevant work.
Specially held a national fiscal meeting to deploy and implement the work, follow up the progress of policy implementation every week, and promote the implementation of various policies and measures.
Owenhan introduced the implementation of the policy from four aspects:
The first is to further strengthen the tax rebate policy.
Since July 1, seven industries including wholesale and retail, accommodation and catering have been included in the policy scope. This year, the central government has specially arranged transfer payments of 1.2 trillion yuan to support grassroots implementation of tax rebates, etc., and establish tax rebates A separate allocation and advance mechanism of funds.
From January to July, a total of 2.06 trillion yuan of tax rebates were processed, and more market players enjoyed policy dividends.
At the same time, organize budgetary revenue in accordance with laws and regulations to effectively meet the needs of key expenditures.
The second is to speed up the progress of financial support.
As of the end of July, the transfer payment from the central government to the local government has reached 9.17 trillion yuan, accounting for 93.6% of the total annual scale, and all qualified funds have been allocated; direct funds have been issued over 4 trillion yuan, accounting for 98.3% of the total annual scale. %, 2.1 trillion yuan of expenditures have been formed in various regions, accounting for 65.1% of the total amount issued, which strongly supports the "three guarantees" work of ensuring market entities, employment, people's livelihood and grass-roots finance.
The third is to speed up the issuance and use of local government special bonds.
As of the end of August, a total of 3.52 trillion yuan of special bonds had been issued, and the quota for project construction had been basically issued, much earlier than in previous years.
At the same time, new infrastructure and new energy projects will be included in the key support scope of special bonds, and the role of special bonds in driving the expansion of effective investment will be better played.
The fourth is to support small, medium and micro enterprises in helping them solve their difficulties.
While doing a good job in the implementation of various preferential tax policies, expand the scale of financing guarantee business and reduce financing guarantee rates.
From January to August, the new re-guarantee cooperation business scale of the National Financing Guarantee Fund was 827.8 billion yuan, a year-on-year increase of 54.9%; the average guarantee rate was 0.68%, a year-on-year decrease of 0.14 percentage points.
Increase government procurement to support small and medium-sized enterprises, and help small and medium-sized enterprises to increase orders, increase momentum, and stabilize expectations.
Owenhan said that recently, the State Council has deployed 19 consecutive policy measures to stabilize the economy.
The financial department will conscientiously implement the decisions and arrangements of the CPC Central Committee and the State Council, revitalize the stock of special debt limits for local governments in accordance with the law, and better leverage the role of special bond funds; postpone the payment of some administrative fees to help enterprises and individual industrial and commercial households reduce their burdens and relieve their difficulties; support Make good use of policy development financial tools to promote the orderly implementation of important projects.
(Zhongxin Finance)
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