蓝佛安详解“十五五”积极财政政策，构建政府债务管理长效机制

Core Viewpoint - The article discusses the key measures and tasks for the "15th Five-Year Plan" period, emphasizing the importance of proactive fiscal policies to enhance public welfare and ensure sustainable economic development [1][2]. Fiscal Policy and Economic Development - The "15th Five-Year Plan" aims to expand domestic demand and support the construction of a strong domestic market while promoting high-level technological self-reliance [2][5]. - Fiscal policy will focus on improving people's livelihoods and ensuring the continuous enhancement of public welfare [2][5]. - The government will adopt a balanced approach to development and security, using efficient fiscal governance to promote high-quality development [1][2]. Debt Management and Risk Prevention - The establishment of a long-term mechanism for government debt management is crucial to prevent and mitigate local government debt risks [7][9]. - The newly formed Debt Management Department will oversee central and local debt management, bond issuance, and the prevention of hidden debt risks [8][9]. - The government aims to eliminate hidden debts by 2028, with 2026 and 2027 being critical years for addressing local debt risks [10]. Fiscal Sustainability - Enhancing fiscal sustainability is essential for addressing the challenges posed by economic and fiscal pressures, including the need for increased spending in key areas such as consumption and employment [5][6]. - The government will focus on optimizing the structure of government debt and ensuring a reasonable balance between different types of debt [9][10]. - A comprehensive monitoring and regulatory system for all types of debt will be established to ensure effective management and prevent the accumulation of new hidden debts [9][10].