1. Increase investment and optimize investment structure.
The investment increased by the central government is mainly used for infrastructure construction such as affordable housing projects, agriculture, education, medical and health care, and ecological environment to support the recovery and reconstruction of disaster areas. Accelerate rural livelihood projects and rural infrastructure construction, increase rural biogas and drinking water safety projects and rural highway construction, improve rural power grids, accelerate the construction of major water conservancy projects such as South-to-North Water Transfer Project and reinforcement of dangerous reservoirs, and strengthen water-saving renovation of large irrigation areas.
2. Promote tax reform, implement tax reduction policies, reduce corporate tax burden, promote corporate investment and household consumption, and fully implement the transformation reform of value-added tax. For general taxpayers of value-added tax, the input value-added tax of newly purchased machinery and equipment is allowed to be deducted from the output tax, and the standard and collection rate of small-scale taxpayers are adjusted accordingly to promote enterprise investment and expand domestic demand. We will continue to implement policies and measures introduced in the second half of this year, such as raising personal income tax, deducting wage income tax, temporarily exempting interest income tax on savings deposits, reducing stamp duty rate on securities transactions, unilaterally levying taxes and fees on housing transactions, etc., to increase residents' consumption demand. Improve and implement the adjustment policy of export tax rebate rate. On the basis of raising the export tax rebate rate twice in the second half of this year, we will further increase the export tax rebate rate for some labor-intensive products, mechanical and electrical products and other products that are greatly affected from February 65438+February 1 day, 2008.
3. Adjust the pattern of national income distribution, increase the scale of financial subsidies, promote the income of low-and middle-income people, substantially raise the standards of comprehensive direct subsidies for farmers' agricultural materials, subsidies for improved varieties and subsidies for the purchase of agricultural machinery and tools, raise the minimum purchase price of grain next year, and increase farmers' income. Improve the level of urban and rural subsistence allowances and increase the basic pension for enterprise retirees. Continue to support the pilot work of individual accounts for basic old-age insurance for enterprise employees. Improve the standard of pensions and living allowances for special care recipients. Implement fiscal and taxation policies to promote employment. Increase the transfer payment to the central and western regions and narrow the income distribution gap between regions.
4. Further adjust and optimize the structure of fiscal expenditure, accelerate the development of social undertakings, and promote the protection and improvement of people's livelihood, with the focus on increasing investment in the areas of people's livelihood such as agriculture, rural areas and farmers, education, medical and health care, social security, and affordable housing projects. Continue to increase investment in agriculture, rural areas and farmers.
(1) Consolidate and strengthen fiscal and taxation policies to promote the development of modern agriculture, promote comprehensive rural reform, and promote all-round progress of rural society. Ensure that education gives priority to development. We will further implement the reform of the funding guarantee mechanism for rural compulsory education and the policy of exempting students from tuition and miscellaneous fees for urban compulsory education, and further improve the level of public funds for rural primary and secondary schools. Promote and standardize the rural old-age insurance pilot, study and improve and timely introduce the transfer and connection methods of the basic old-age insurance relationship for urban enterprise employees. Further improve the unemployment insurance system. Do a good job in policy closure and bankruptcy of state-owned enterprises. We will continue to promote the pilot reform of large-scale collective factories in Northeast China, Central China and some central enterprises.
(2) In addition, in the context of the current decline in fiscal revenue growth, the proactive fiscal policy characterized by tax reduction and expenditure increase is bound to further increase the pressure on fiscal balance. In this regard, the next step will continue to do a good job in increasing revenue and reducing expenditure, strengthen tax collection and management according to law, clean up and standardize various fiscal and taxation preferential policies, resolutely stop ultra vires tax reduction and exemption, and severely crack down on illegal acts such as tax evasion and tax fraud.
(3) Generally speaking, China's current macroeconomic policy is to implement a proactive fiscal policy and a moderately loose monetary policy. To cope with the international financial crisis and maintain steady and rapid economic development, we must conscientiously implement a proactive fiscal policy and a moderately loose monetary policy, and further increase financial support for economic development. By improving supporting policies and measures and innovating institutional mechanisms, we will mobilize the enthusiasm of commercial banks to increase credit supply, enhance the ability of financial institutions to resist risks, form a joint force of banks, securities and insurance to expand financing and spread risks, and better play the role of finance in supporting economic growth and promoting structural adjustment.