A · Important
[Minister of Finance Lan Fo'an: It is necessary to study and formulate targeted incremental policies and pay more attention to expanding domestic effective demand] October 1st, Finance Minister Lan Fo'an published an article on October 1 stating that this year is the first year of the "15th Five-Year Plan", and doing a good job in the next few months is crucial to completing the full-year goals and tasks and achieving a good start. The financial department should study and formulate highly targeted incremental policies, promote more active fiscal policies to improve efficiency, and provide a strong guarantee for completing the annual economic and social development goals and tasks. Pay more attention to expanding effective domestic demand and maintaining stable economic operation. Reasonably speed up the expenditure progress, strengthen supervision and guidance for areas with slow expenditure progress, and clear up blockages, so that precious financial funds can be implemented and bear fruit early. Make overall plans and make good use of funds such as ultra-long-term special treasury bonds and local government special bonds to solidly promote the construction of "six networks" and "double-layer". Optimize the implementation of fiscal and financial coordination policies to promote domestic demand, expand the scope of interest discounts, increase the number of handling agencies, and appropriately increase the amount to better release consumption potential and leverage private investment. The issuance of 300 billion yuan of special treasury bonds will support relevant central financial enterprises to replenish their core tier-one capital and consolidate and improve their ability to operate steadily and serve the real economy. Study and introduce incremental policies such as arranging the use of local government debt balance limits to improve local general public budget protection capabilities and support the expansion of effective investment.
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