明年“国补”继续!2026年财政工作，还有这些看点

Core Viewpoint - The central economic work conference emphasizes the continuation of a more proactive fiscal policy, focusing on both the scale of funding and the efficiency of fund utilization [1] Group 1: Fiscal Policy Focus - The fiscal work for 2026 will focus on five key areas: expanding the fiscal expenditure base, optimizing the government bond tool mix, enhancing the effectiveness of transfer payments, continuously optimizing expenditure structure, and strengthening fiscal-financial collaboration [1] - The six key tasks for next year's fiscal work include supporting domestic demand, promoting technological and industrial innovation, advancing urban-rural integration, reinforcing basic social security, facilitating green transformation, and enhancing international financial cooperation [2] Group 2: Social Welfare Initiatives - Initiatives to promote employment and income growth will involve coordinating various funds to support enterprises in maintaining and expanding jobs, as well as increasing residents' income through tax and social security adjustments [3] - Efforts to boost consumption will include implementing special actions to stimulate consumer spending, with funding allocated for programs like trade-in incentives for consumer goods [4] - Increased fiscal investment in education aims to establish a new funding distribution mechanism that adapts to changes in school-age population, support free preschool education, and enhance the quality of compulsory education [5] - Support for a people-centered new urbanization will involve improving the distribution mechanism of fiscal transfer payments to ensure public services are portable, addressing issues related to education and social insurance for migrant workers' children [6]