China News Service, March 6 (Xinhua) Finance Minister Lan Fo'an said on the 6th that scientific and effective macro-control is an important guarantee for achieving stable and healthy economic and social development.

The Party Central Committee decided to strengthen counter-cyclical and inter-cyclical adjustment of macro policies in 2024, and continue to implement proactive fiscal policies and prudent monetary policies; proactive fiscal policies must be appropriately intensified and improve quality and efficiency.

This is a major decision-making arrangement made by the Party Central Committee from a strategic and overall perspective, assessing the situation and taking comprehensive considerations.

Such an arrangement not only anchors high-quality development as the primary task of comprehensively building a modern socialist country, but also fully considers the opportunities and challenges facing current economic development; it not only maintains the continuity and stability of macro policies, but also appropriately strengthens camera control. , precise control, very correct and very necessary.

On this basis, the government work report further makes comprehensive arrangements and arrangements for the implementation of proactive fiscal policies, and the fiscal department will conscientiously implement them.

  Appropriately increasing efforts and improving quality and efficiency are the tone and characteristics of this year's fiscal policy. How do we understand it specifically?

Appropriate efforts are mainly to coordinate the use of various fiscal policy tools, appropriately expand the scale of fiscal expenditures, implement preferential tax and fee policies, and promote high-quality development.

  Lan Foan said that it can be grasped from three aspects: First, the overall intensity of fiscal expenditures has expanded.

This year's deficit rate is set at 3%, which will continue to remain at a high level, with the deficit reaching 4.06 trillion yuan.

At the same time, we coordinated various financial resources and increased expenditure intensity. The national general public budget expenditure reached 28.5 trillion yuan, an increase of more than 1 trillion yuan over the previous year. We strengthened the financial support for major national strategic tasks and continued to promote the effective improvement of the quality of the economy. and reasonable growth in volume.

The second session of the 14th National People's Congress held a press conference at 3 pm on March 6 in the Media Center Press Conference Hall.

Photo by China News Service reporter Yang Huafeng

  Second, the scale of government bonds has increased significantly.

There were 3.9 trillion yuan in new local government special bonds and 1 trillion yuan in newly issued ultra-long-term special treasury bonds. The two items combined reached 4.9 trillion yuan.

In addition, most of the additional 1 trillion yuan in government bonds issued in the fourth quarter of 2023 will be used this year.

These are real government expenditures that can drive and expand effective social investment, better support key areas in forging strengths and weaknesses, activate economic development momentum, and promote high-quality development and economic transformation and upgrading.

  Third, continue to implement structural tax and fee reduction policies.

On the basis of implementing the preferential tax and fee policies that were extended and optimized last year, we will study and introduce targeted structural tax and fee reduction policies this year, focusing on supporting technological innovation and manufacturing development, and better serving the construction of a modern industrial system.

  The Second Session of the 14th National People's Congress held a press conference on March 6, inviting Director of the National Development and Reform Commission Zheng Shajie, Minister of Finance Lan Fo'an, Minister of Commerce Wang Wentao, Governor of the People's Bank of China Pan Gongsheng, China Securities Regulatory Commission Wu Qing, chairman of the committee, answered questions from domestic and foreign reporters on issues related to development and reform, fiscal budget, business, financial securities, etc.