Core Viewpoint - The Ministry of Finance emphasizes the importance of balancing risk prevention and development promotion in fiscal policy, indicating that there is still ample room for future fiscal policy initiatives [1] Group 1: Fiscal Policy and Budget - The national general public budget revenue is expected to reach 106 trillion yuan during the "14th Five-Year Plan" period, an increase of 17 trillion yuan or approximately 19% compared to the "13th Five-Year Plan" period [2] - The national general public budget expenditure is projected to exceed 136 trillion yuan over five years, an increase of 26 trillion yuan or 24% compared to the "13th Five-Year Plan" period [2] - The fiscal strength of local governments is steadily growing, with 16 provinces expected to see fiscal revenue growth of over 20% compared to 2020 [2] Group 2: Social Welfare and Public Spending - The budget for education during the "14th Five-Year Plan" period is set at 20.5 trillion yuan, with social security and employment spending at 19.6 trillion yuan, and health spending at 10.6 trillion yuan [3] - The government has allocated 1 billion yuan for childcare subsidies and 200 million yuan for gradually implementing free preschool education, addressing public concerns [3] - Nearly 100 trillion yuan is earmarked for social welfare investments, reflecting a strong focus on improving the quality of life for citizens [3] Group 3: Fiscal Reform and Management - The Ministry of Finance is implementing a fiscal reform plan aimed at clarifying responsibilities and enhancing regional balance, with a focus on increasing the fiscal capacity of local governments [4] - A total of nearly 50 trillion yuan has been allocated for transfer payments to local governments to support the implementation of central government policies [4] - The Ministry is developing a comprehensive management system for government debt to ensure sustainable fiscal practices [7] Group 4: Stimulating Domestic Demand - The Ministry of Finance is actively promoting domestic demand through various fiscal policies, including subsidies for consumption and support for rural consumption growth, which has increased by 24% during the "14th Five-Year Plan" [6] - Approximately 4.2 trillion yuan has been allocated to support the replacement of consumer goods, leading to sales exceeding 2.9 trillion yuan [6] - The government aims to leverage fiscal tools to stimulate consumption and investment, recognizing the vast potential of domestic demand [6]
蓝佛安发声!财政政策始终留有后手
Zhong Guo Zheng Quan Bao·2025-09-12 08:19