国君计算机|财税体制改革走向实施阶段,IT建设需求加速释放

Investment Rating - The report recommends investment in companies such as Yonyou Network, Kingdee International, and TP-Link, while also identifying beneficiaries like Taxfriend, China Software, Bosi Software, Zhongke Jiangnan, and Jiuxi Software [1]. Core Insights - The new round of fiscal and tax system reform has transitioned from planning to the implementation phase, with the Ministry of Finance indicating a focus on accelerating reform and improving fiscal management [1]. - The fiscal IT construction is expected to benefit first from the reform measures, with a concentration on foundational systems such as budget management and fiscal transfer payment systems [1]. - There is a guaranteed funding source for fiscal information construction, with expectations of more incremental policy measures to support this sector [2]. Summary by Sections Fiscal and Tax System Reform - The Ministry of Finance has outlined a roadmap for the new fiscal and tax system reform, emphasizing a problem-oriented and goal-oriented approach [1]. - The implementation of reform measures is set to occur over the next two years, focusing on foundational institutional improvements [1]. IT Construction Benefits - The fiscal IT construction is anticipated to be the first area to benefit from the reforms, driven by the need for digital solutions to support the new fiscal policies [1]. - The report highlights that changes in the fiscal system will create new demands for IT construction in both fiscal and tax departments, as well as among enterprises [1]. Funding and Policy Measures - The funding for fiscal information construction is assured, with the central government planning to increase debt limits to support local governments in managing hidden debts [2]. - The Ministry of Finance is exploring additional policy tools to enhance counter-cyclical adjustments, indicating a robust support framework for fiscal IT initiatives [2].