(Two Sessions Express) How to improve the effectiveness of fiscal policy? China's finance minister said three "early" in a row
China News Service, Beijing, March 5 (Reporter Xia Bin) Chinese Minister of Finance Liu Kun said at the first "Minister's Channel" of the National People's Congress on the 5th that he will accurately study every fiscal policy and carefully arrange every financial Funds, policies are issued early, funds are allocated early, and results are achieved early.
At the same time, we will do our best and do what we can, not only maintain the necessary strength to support economic recovery and development, but also reserve policy space to deal with possible risks and challenges in the future.
This year's government work report stated that it is necessary to enhance the effectiveness of active fiscal policy.
In response to the question of how to improve performance, Liu Kun gave the above answer.
In his view, there are three considerations in judging whether the efficiency has been improved, that is, whether it has fully, comprehensively and accurately implemented the decisions and arrangements of the Party Central Committee, whether it has promoted the healthy development of the economy, and whether it has benefited the common people more.
Talking about the "package" of tax and fee reduction measures in the government work report, Liu Kun said that the measures mainly have four characteristics.
First, the scale of tax rebates and reductions is the highest in history, reaching 2.5 trillion yuan (RMB, the same below).
Second, the support direction focuses on the manufacturing industry, small and micro enterprises, and the tax rebate and tax reduction in six industries including the manufacturing industry has reached 1 trillion yuan. .
The third is the main measure is the residual tax refund of value-added tax.
Liu Kun pointed out that by refunding the tax that has not yet been deducted in advance, it will directly provide cash flow of about 1.5 trillion yuan to market entities.
At the same time, continue to implement some preferential tax policies, resolutely crack down on tax evasion and tax fraud, and resolutely stop arbitrary charges.
The fourth is to help local governments ease the pressure of reducing income.
The central government has significantly increased transfer payments to local governments, ensuring that tax and fee reduction policies are implemented.
Liu Kun bluntly said that if you stay on the green hills and win the future, the financial department will conduct precise research, refine the introduction of policies, and do a solid job in relevant work, so that the "real money" of tax reduction and fee reduction will fall to enterprises as soon as possible, benefiting individuals, and achieving better realization. A virtuous cycle of "releasing water to raise fish" and "more water and more fish".
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