Beijing, China, held a national fiscal work conference on Thursday (December 29). The Minister of Finance of China Liu Kun introduced the focus of fiscal work in 2023 through a video.He said that next year, we must make efforts to improve, and play a more effective role in active fiscal policy.
According to the announcement of the Chinese Ministry of Finance on Thursday, the Chinese Fiscal Work Conference required that in 2023, it is necessary to play a role in fiscal stable investment to promote consumption.Stabilize foreign trade and foreign capital.
The content of the meeting states: "Active fiscal policy in 2023 must improve efficiency, and play a role of active fiscal policy more directly and more effectively."
According to the announcement, China will improve tax support policies next year. According to the actual situation, the continuation of the continuation and the optimization of the optimization will strive to relieve corporate difficulties.
As the epidemic and real estate market landslide continued to erode government fiscal revenue, the broad fiscal deficit in China in the first three quarters of this year reached a record high.Lou Jiwei, the former Minister of Finance of the Chinese Ministry of Finance, said on Sunday that China may need to increase the budget deficit rate to more than 3%next year, and the overall improvement of economic operation should be the primary task of economic work next year.
