When the economic recovery is facing stress, Chinese officials said that they will implement a positive fiscal policy to improve the efficiency and reasonably accelerate the progress of fiscal expenditure.
Xinhua News Agency reported that Liu Kun, Minister of Finance of China, said in a report to the National People's Congress of China on Monday (August 28) that the implementation of the budget has been stable since this year, which has effectively guaranteed the Central Committee of the Communist Party of China and the State Council of the Chinese State Council.Implementation of major decision -making deployment.At the same time, there are also some difficulties and problems in the implementation of fiscal operation and budget, which attaches great importance to this and will actively take measures to solve it.
Liu Kun said that the next step will increase macro policy regulation, focus on expanding domestic demand, boosting confidence, preventing risks, continuously promoting the continuous improvement of economic operation, continuous enhancement of endogenous dynamics, continuous improvement of social expectations, and continuous improvement of social expectations.The continuous resolution of risk hidden dangers has promoted the effective improvement of the economy and the reasonable growth of quantitative quantities.
Liu Kun also said that it will implement a positive fiscal policy to improve the efficiency.Strengthen the monitoring and analysis of fiscal economic operation, closely follow the implementation of local and departmental budget implementation, make good use of the financial funds to reach a direct mechanism, reasonably accelerate the progress of fiscal expenditure, comprehensively improve the efficiency of fund payment, and promote the implementation of various financial and tax policies as soon as possible.
According to Xinhua News Agency, Zheng Zujie, director of the National Development and Reform Commission of China, also reported to the National People's Congress on Monday.
Zheng Zujie emphasized that the macro policy regulation should be strengthened, the coordination and cooperation of various policies should be strengthened, and anti -cyclical regulation and policy reserves are strengthened.At the same time, actively expand domestic demand in China, expand consumption by increasing residents' income, and drive effective supply through terminal demand.To better play the role of government investment, and accelerate the issuance and use of special bonds in local governments.Mobilize the enthusiasm of private investment and introduce a targeted incentive to private investment policies.
Zheng Zujie pointed out that the current improvement of China's economic operation is mainly recovery, the growth of the growth is not strong, the development environment is full of uncertainty, and the foundation of economic operation continues to rise is still unstable.From an international perspective, the external environment is more complicated and severe.From the perspective of China, there is insufficient demand, difficulty in operating in some enterprises, hidden dangers of risks in some key areas, and increasing difficulty of people's livelihood protection and improvement.
According to Bloomberg, the relevant states of the two coincided with the time when the Politburo meeting of the Communist Party of China was immediately held.The Politburo usually determines the date of the important party congress at the August meeting, but considering that the concerns about economic growth have intensified, it is not ruled out that more policy support for economy may be discussed at the meeting.
It is reported that the next key meeting may be the Third Plenary Session of the 20th Central Committee of the Communist Party of China. The plenary meeting will be held every five years and will formulate a major long -term economic reform plan.
After the recent series of reports showed decline in exports, weak consumption expenditure, and deterioration of real estate crisis, economists have been lowered their expectations for China's growth rate this year.
