Finance Minister Lan Fo'an: Effectively ensure the implementation of existing policies and study and formulate highly targeted incremental policies.
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Lan Fo'an, Secretary of the Party Leadership Group and Minister of the Ministry of Finance, wrote in Qiushi Journal that this year is the opening year of the 15th Five-Year Plan, and doing a good job in the coming months is crucial to completing the annual targets and tasks and achieving a good start. Finance departments must unify their thinking and actions with the Party Central Committee's scientific judgment of the situation and its decisions and arrangements, adhere to the unity of problem orientation, goal orientation, and result orientation, effectively ensure the implementation of existing policies and see that they produce results, study and formulate highly targeted incremental policies, and push for a more proactive fiscal policy to gain momentum and become more effective, so as to provide strong support for accomplishing the annual targets and tasks for economic and social development.
Greater emphasis should be placed on expanding effective domestic demand and maintaining stable economic operation. Reasonably accelerate the pace of expenditure, strengthen supervision and guidance for regions where expenditure progress is relatively slow, remove bottlenecks, and ensure that precious fiscal funds are deployed and produce results as early as possible. Make coordinated and effective use of funds such as ultra-long special treasury bonds and local government special bonds, and solidly advance the construction of the "six networks" and the "two major" projects. Optimize and implement fiscal-financial coordination policies to boost domestic demand, expand the scope of interest subsidies, increase the number of handling institutions, appropriately raise quotas, and better unleash consumption potential and leverage private investment. Issue 300 billion yuan in special treasury bonds to support relevant central financial enterprises in replenishing core tier-one capital, and consolidate and enhance their capacity for prudent operation and serving the real economy. Study and introduce incremental policies such as arranging and using the carryover quota of local government debt, and improve local general public budget support capacity and support the expansion of effective investment.
Greater emphasis should be placed on empowering development through science and technology and accelerating the transformation of old and new growth drivers. Strengthen the management of fiscal science and technology funds, further focus them on basic research and breakthroughs in key core technologies, and promote high-level scientific and technological self-reliance and self-strengthening. Make coordinated and effective use of policies such as insurance compensation for first sets of equipment and first batches of products and government procurement of independently innovative products, and accelerate the transformation and application of scientific and technological achievements. Strengthen funding guarantees and policy supply, promote the transformation and upgrading of traditional industries, and cultivate and strengthen emerging pillar industries and future industries. Implement and improve fiscal and tax policies, and promote the expansion, quality improvement, and better development of producer services and consumer services. Strengthen support for farmland protection, the revitalization of the seed industry, agricultural science and technology, and agricultural machinery and equipment, advance high-standard farmland construction in a high-quality manner by region and category, and focus on improving comprehensive agricultural production capacity and quality and efficiency.
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