Core Viewpoint - The article emphasizes the implementation of a more proactive fiscal policy in 2026, focusing on maintaining necessary fiscal deficits, total debt scale, and overall expenditure while enhancing the effectiveness of fund utilization [2][22]. Group 1: Fiscal Policy Implementation - The national fiscal work meeting highlighted six key areas for a more proactive fiscal policy in 2026, ensuring necessary expenditure intensity and optimizing the government bond tool combination [2][12]. - The meeting underscored the importance of maintaining a strong fiscal stance to support economic growth and social stability, particularly in the context of the "14th Five-Year Plan" [10][22]. Group 2: Key Tasks for 2026 - The meeting outlined several priority tasks for 2026, including: - Focusing on domestic demand to support a robust domestic market and boost consumption through targeted actions [13]. - Supporting technological and industrial innovation by increasing fiscal investment in technology and enhancing the management of technology funding [6][18]. - Promoting urban-rural integration and regional coordination to expand development space [14]. - Strengthening basic social security and improving public services to enhance the welfare of residents [7][19]. - Advancing green transformation in economic and social development to build a beautiful China [14][19]. - Enhancing international financial cooperation and supporting high-level opening-up [14][19]. Group 3: Fiscal Management and Risk Prevention - The meeting emphasized the need for comprehensive fiscal management, including the implementation of zero-based budgeting reforms and enhancing the efficiency of fiscal governance [15][20]. - It highlighted the importance of preventing and mitigating local government debt risks, ensuring that no new hidden debts are created, and establishing a long-term regulatory framework for local government debt management [20][22]. Group 4: Enhancing Fiscal Effectiveness - The article stresses the need to improve the effectiveness of fiscal spending by optimizing expenditure structures and enhancing the efficiency of transfer payments to local governments [12][22]. - It calls for a focus on timely fiscal resource allocation to maximize the impact of fiscal policies on economic growth and social welfare [23].
财政部:2026年财政工作抓好六项重点工作,扩大财政支出盘子|前瞻2026
清华金融评论·2026-01-01 10:18