Core Insights - The Ministry of Finance has released a report on the implementation of China's fiscal policy for the first half of 2025, emphasizing the need to enhance fiscal governance effectiveness and levels [1] Fiscal Management - The Ministry aims to strengthen fiscal scientific management and deepen the implementation of various tax reform measures [1] - Key areas of focus include fiscal resource and budget coordination, zero-based budgeting, fiscal transfer payment systems, consumption tax reform, and standardizing tax incentive policies [1] Oversight and Accountability - Increased financial supervision efforts will be made, ensuring thorough audit rectification and accountability at local and departmental levels [1] - The Ministry will enforce stricter budget constraints and enhance the execution of fiscal laws and regulations [1] Fiscal Discipline - The Ministry is committed to adhering to the principle of "tightening the belt," ensuring that fiscal funds are allocated more towards development needs and public welfare [1]
财政部：严格落实过紧日子要求 确保财政资金更多用在发展所需、民生所盼上
Di Yi Cai Jing·2025-11-07 09:48