广东增加地方财力大动作！省本级761亿元“让利”给市县

Core Viewpoint - Guangdong Province is implementing a significant reform in its fiscal system, focusing on increasing local financial autonomy by adjusting the revenue-sharing ratio between provincial and municipal levels, resulting in a notable decrease in provincial budget revenue while enhancing local fiscal capacity [1][2][6]. Group 1: Fiscal Reform Details - The reform adopts a "do not touch the stock, only move the increment" approach, aiming to alleviate the financial pressure on local governments and enhance their fiscal independence [1][7]. - The provincial budget revenue for Guangdong was adjusted from 315.3 billion yuan to 239.18 billion yuan, a reduction of 76.12 billion yuan [1]. - The adjustment in revenue-sharing ratios is directly linked to the increase in local fiscal revenues, with cities like Guangzhou seeing a 12% increase in budget revenue compared to the previous year [2][3]. Group 2: Impact on Local Governments - Municipalities such as Dongguan, Huizhou, and Zhuhai also reported significant increases in their budget revenues, with growth rates of 12.3%, 13.7%, and 9% respectively [3]. - The reform allows local governments to retain a larger share of incremental revenues from major taxes, including VAT, corporate income tax, and personal income tax, which were previously shared equally with the provincial government [3][6]. - The total reduction in provincial revenue includes approximately 45.71 billion yuan from VAT, 14.76 billion yuan from corporate income tax, and 6.11 billion yuan from personal income tax [3]. Group 3: Budget Balancing Measures - The report indicates that while the provincial budget revenue decreased by 10.74 billion yuan, this was offset by an increase of 75.046 billion yuan in revenue transferred from municipalities, maintaining overall budget balance [6]. - The reform is designed to ensure that local governments can better manage their finances and improve their ability to attract investment and assess local debt risks [7].