“十四五”期间财政政策实现五大突破

Core Viewpoint - The Chinese government is enhancing its fiscal macro-control policies to achieve qualitative improvements and reasonable quantitative growth during the "14th Five-Year Plan" period, emphasizing a more proactive and precise approach to fiscal policy [1][2]. Group 1: Fiscal Policy and Economic Development - Fiscal policy is a fundamental pillar of national governance and serves macroeconomic governance goals, focusing on high-quality development during the "14th Five-Year Plan" [2][3]. - The fiscal policy aims to support innovation, expand domestic demand, and enhance public welfare, while also improving the quality and effectiveness of fiscal measures [2][4]. Group 2: Strategic Alignment and Multi-Goal Coordination - There is a stronger emphasis on aligning fiscal policy with national strategic planning, ensuring that fiscal measures support long-term development goals [3][5]. - The fiscal policy considers multiple objectives, including economic stability, structural adjustment, and risk prevention, to effectively utilize fiscal tools [4][5]. Group 3: Policy Coordination and Systematic Integration - Enhanced coordination between fiscal policy and other macroeconomic policies is crucial for achieving high-quality development, as emphasized in recent central government meetings [5][6]. - The integration and optimization of policy tools are prioritized, allowing for a synergistic effect in addressing economic challenges [6][7]. Group 4: Expectation Management - Effective expectation management is increasingly important in macroeconomic policy, with a focus on timely and transparent communication of fiscal measures to boost market confidence [8].