更好发挥财政促消费的作用

Core Viewpoint - The article emphasizes the importance of expanding domestic demand and enhancing consumption as a fundamental driver of economic growth, aligning with the strategic goals set by the Chinese government to improve the quality of life for its citizens and stimulate economic recovery [1][7]. Group 1: Economic Strategy and Policy - The Chinese government has prioritized "boosting consumption and improving investment efficiency" as a key task for the year, implementing more proactive fiscal policies to support employment and enhance residents' income [1]. - Since the 18th National Congress, there has been a continuous improvement in residents' income levels and consumption structures, with a focus on optimizing the income distribution and social security systems to bolster consumer confidence [2][7]. Group 2: Structural Fiscal Policies - The government has utilized structural fiscal policy tools, such as tax incentives and special subsidies, to stimulate consumption, particularly in the "two new" areas (large-scale equipment updates and old-for-new consumption) [3]. - In 2024, 150 billion yuan will be invested to support over 4,600 equipment update projects, contributing to a 15.7% year-on-year increase in related investments [3]. Group 3: Service Consumption Growth - A series of fiscal policies have been introduced to promote service consumption, with tax incentives aimed at expanding service supply and improving service quality [4]. - The proportion of per capita service consumption expenditure in total consumption has increased from 39.7% in 2013 to 46.1% in 2024, indicating that service consumption is becoming a significant driver of overall consumption growth [4]. Group 4: Green Consumption Initiatives - The government has implemented policies to promote green consumption, including differentiated tax systems and government procurement of environmentally friendly products [5]. - In 2023, the government prioritized the procurement of environmentally friendly products amounting to 57.51 billion yuan, accounting for 84.9% of the total procurement in this category [5]. Group 5: Financial Support and Consumer Confidence - The article highlights the need for better allocation of fiscal resources to support consumption, addressing issues such as inadequate public services and uneven resource distribution [7][8]. - It suggests enhancing fiscal spending on education, healthcare, and community services to alleviate household financial burdens and boost consumer confidence [8]. Group 6: Tax System Reforms - The article calls for reforms in the tax system to enhance its role in stimulating consumption, including optimizing personal income tax and adjusting consumption tax structures [9]. - The aim is to reduce the tax burden on individuals, particularly low- and middle-income groups, thereby increasing disposable income and consumption capacity [9]. Group 7: Government Investment and Infrastructure - The government is encouraged to adjust fiscal investments to improve public service infrastructure, particularly in education, healthcare, and elderly care [10]. - There is a focus on developing new consumption infrastructure to meet the demands of evolving consumer preferences and enhance service supply capabilities [10]. Group 8: Financial Mechanisms for Consumption - The article discusses the establishment of financial mechanisms to support consumer financing, including interest subsidies and risk compensation for consumer loans [11]. - It emphasizes the importance of creating accessible financial products for specific demographics, such as new citizens and youth, to enhance their consumption capabilities [11].