Core Viewpoint - The report presented by the Minister of Finance indicates that China's fiscal policy has become more proactive this year, with overall budget execution and fiscal operations remaining stable [1][2]. Fiscal Revenue and Expenditure - From January to July, the national general public budget revenue reached 135,839 billion yuan, showing a year-on-year growth of 0.1% [1]. - During the same period, the national general public budget expenditure was 160,737 billion yuan, reflecting a year-on-year increase of 3.4% [1]. Implementation of Fiscal Policies - The government has implemented a series of fiscal policies to support consumption, including personal consumption loans and subsidies for elderly care services [1][2]. - The scope of subsidies has been expanded to include the scrapping and updating of automobiles and the replacement of household appliances, as well as digital products like mobile phones [1]. Focus Areas of Fiscal Policy - The fiscal policy has concentrated on promoting technological and industrial innovation, deepening tax and fiscal reforms, and enhancing social welfare [2]. - There is a strong emphasis on rural revitalization, regional coordinated development, and ecological civilization construction [2]. Future Fiscal Policy Directions - The report outlines plans to accelerate budget execution, improve fund utilization efficiency, and ensure fund security [3]. - Future efforts will focus on stabilizing employment and foreign trade, fostering new growth drivers, and enhancing fiscal governance [3]. - The government aims to strengthen domestic circulation and maintain policy continuity and stability while being flexible and anticipatory in response to uncertainties [3].
财政部部长蓝佛安:下一步将把做强国内大循环摆到更加突出的位置 持续发力、适时加力实施更加积极有为的宏观政策
Xin Hua She·2025-09-10 15:38