Source: Xinhua News Agency
Premier Li Keqiang disclosed in the Sky Bet work report on the 5th，China ’s positive fiscal policy in 2016 should increase its strength，I want to arrange fiscal Sky Bet 2.18 trillion yuan, an Sky Bet of last year560 billion yuan, the Sky Bet rate increases to3%。
The scale of this Sky Bet will be the most since the founding of New China in 1949，The Sky Bet rate also touched the so -called "3%international warning line ".
Why should the current fate expand the Sky Bet ? What is the fiscal risk?。
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According to the Sky Bet work report,2016 Central Financial Sky Bet 1.1 trillion yuan, local government Sky Bet 780 billion yuan。Arrange special bonds that are not included in Sky Bet 400 billion yuan, continuing to issue local governments to replace bonds.
"This this greatly Sky Bet increases the fiscal deficit this this this this this year，It is the manifestation of active fiscal policy。"Zhang Lianqi, member of the National Committee of the Chinese People's Political Consultative Conference。He pointed out，The outbreak of the international financial crisisFor 8 years，China's economic growth is facing large challenges，The downward pressure of the economy is great。In this case，You need to pay tax reduction and increase、Expansion Sky Bet to stimulate endogenous power。
Active Sky Bet policy further expands intensity，Outstanding sign is to reduce taxes and fees for greater efforts。According to the government work report，2016Mayfrom 1st，Sky Bet fully implement the battalion change，The pilot range is expanded to the construction industry、Real Estate Industry、Financial industry、Life Service Industry，and include the value -added tax included in all enterprises into the deduction range，Make sure that the tax burden of all industries Sky Bet only be reduced and not increased。
At the same time，Government funds that will be established Sky Bet app in violation of regulations，Stop and merge a group of government funds，Expansion of Water Conservancy Construction Fund and other exemption scope。will18 exemption scope of administrative fees，Expansion from a small micro -enterprise to all enterprises and individuals。
According to the report，A series of tax cuts and fees，This year Sky Bet reduce the burden on enterprises and individuals500 billion yuan.
While tax cuts and fees，Active Sky Bet policy will also be further effective。Liu Shangxi, Dean of the Chinese Academy of Finance Sciences, said，Obvious sign is to appropriately increase the necessary Sky Bet expenditure and government investment，Increase support for weak links such as people's livelihood。
This year's Sky Bet scale2.18 trillion yuan，It means that the Sky Bet spent much more than the money of income，Enterprises and individuals will get more Sky Bet funding support，Then stimulate market vitality，Enhanced development motivation。
China's Sky Bet ratio and government liability ratio are still relatively low internationally
3%has been regarded by EU and sky bet login other economies as one of the warning lines that measures a country's fiscal risk。This year's fiscal deficit rate rate has reached3%，Touching the EU warning line，Does it mean that Sky Bet risk is increased?
"my country's fiscal Sky Bet ratio and government liability ratio are relatively low in the world's major economies，This arrangement is necessary、feasible，It is also safe。"Premier Li Keqiang said in the report。
Reporter query data discovery over the years，my country's fiscal Sky Bet rate has always maintained a lower level。Since the reform and opening up，China's redness rate is always maintainedbelow 3%, after the outbreak of the Asian Sky Bet crisis1998 fiscal Sky Bet 96 billion yuan, the Sky Bet rate breaks for the first time1%. After a few years, the fiscal Sky Bet has been running high at a high level,The Sky Bet rate in 2000 reached2.9%。
After 2005，With the implementation of stable fiscal policy，Correspondingly decreased by Chinese Sky Bet rate。Restarting positive fiscal policies in 2008，The scale of deficit continuously expands，Active fiscal Sky Bet app policy is constantly imposing effort。2012 toIn 2015, China's fiscal Sky Bet rate rate was1.5%、2.1%、2.1%and2.4%。
In recent years, it has been affected by cyclical fluctuations in the world in recent years，The Sky Bet rate of major developed countries often breaks through3%, such as2014 American Sky Bet rate is4.1%, Britain5.7%, France is4%, Japan is8.8%。
Liu Shangxi said，Many people worry that China's fiscal Sky Bet rate will reach3%of the so -called "international warning line" exist in Sky Bet ，This worry is extra。Mastricht Treaty3%standard is the original financial discipline of the European Union，Not scientific standards，To measure the level of China's Sky Bet level is not objective。The Sky Bet rate warning line should be determined by the country in various countries.、Price level、Debt balance、Fiscal policy orientation and other situations comprehensive consideration。
Adding Sky Bet will make up for financial reduction and increase expenses
How to use the redemption deficit，Assistant Minister of Finance Xu Hongcai introduced，Expansion sky bet games online deficit，While adding the necessary financial expenditure appropriately，Mainly used to make up for tax reduction and fee reduction brought by fiscal reduction，Guarantee the government's expenditure liability。
Representatives of the National People's Congress、Shandong Provincial Department of Finance grows from Guoan theory，Strengthen the supply -side structural reform in 2016，It is necessary to stimulate the potential of entrepreneurial innovation in the whole society through more tax reduction policies，Efforts to resolve excess capacity and cost reduction increase，and strive to improve product and service supply，and promote a series of reforms，Both behind these requires Sky Bet support。
If the Sky Bet work report proposes that the central Sky Bet will arrange100 billion yuan special award supplementary funds support steel、Coal and Sky Bet difficult industries de -capacity，The focus is used for employee diversion and resettlement;，A batch of railways will be started in 2016、Hydropower nuclear power、Urban Rail Transit and other "Thirteenth sky bet login Five -Year Plan" major project，In order to increase investment in the central budget to500 billion yuan.
Xu Hongcai said,In 2016, China further expanded the scale of fiscal Sky Bet and debt scale，From the level of economic development、The current status of government debt and the relationship between assets and liabilities.，Chinese government debt risk is generally controllable。From the perspective of debt balance，At the end of 2015, the balance of debt of Chinese local Sky Bet 16 trillion yuan, plus the balance of the central Sky Bet bond10.66 trillion yuan, accounted forThe proportion of GDP is about39.4%。
Liu Shangxi said，At present, Chinese Sky Bet debt is mainly used for municipal construction、Land collection and storage、Transportation、Affordable housing、Textbooks, Culture and Health、Agricultural Forestry Water Conservancy、Ecological construction and other basic nature、Public Welfare Project，A large amount of high -quality assets corresponding to debt are formed as debt repayment protection，thereby reducing debt risk。