Abstract The Central Economic Work Conference was held today. Some scholars believe that this meeting should focus on how to implement structural tax cuts for enterprises, reduce corporate tax burdens, stabilize local government financial resources, and reduce corporate financing costs in monetary policy. State Council policy research experts...
The Central Economic Work Conference was held today. Some scholars believe that this meeting should focus on how to implement structural tax cuts for enterprises, reduce corporate tax burdens, stabilize local government financial resources, and reduce corporate financing costs in monetary policy. He Xueyan, a policy research expert at the State Council, China Development Strategy Research Association, and executive director of the Economic Strategy Committee, said that local government debt is now concentrated in the past two years, and with the adjustment of real estate, local fiscal land sales revenue has decreased, and they exist. Debt risk. If our fiscal policy reduces corporate tax burdens, corporate economic development, local finance will also increase steadily. It is widely analyzed that China expects that the GDP target set next year will continue to increase by 7.5% last year, maintaining policy continuity. He Xueyan believes that next year will enter a new economic growth cycle, investment and production capacity will lead to increased income, and then consumer demand will increase, and the acceleration of external economic recovery will drive China's external demand to increase, China's GDP growth rate is expected to reach 8.3% next year. Comprehensive
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