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A package of incremental policies has been rolled out! The Ministry of Finance makes a significant announcement!
Recently, the Ministry of Finance has released a series of incremental policies aimed at further promoting economic development and structural adjustments. These policies cover multiple areas, including fiscal expenditure, tax incentives, and local government bond issuance, with the goal of enhancing fiscal support to promote steady and healthy economic growth.
In terms of fiscal expenditure, the Ministry of Finance has clearly stated that it will increase support for key areas and weak links, ensuring the accuracy and effectiveness of fund use. Additionally, it will optimize the structure of fiscal expenditures to enhance the efficiency of fiscal funds.
In terms of tax incentives, the Ministry of Finance will further reduce the tax burden on enterprises, especially for small and medium-sized enterprises and high-tech enterprises, more favorable tax policies will be implemented to stimulate market vitality and promote innovation-driven development.
In terms of local government bond issuance, the Ministry of Finance will moderately expand the scale of local government bond issuance to support the investment needs of local governments in infrastructure construction and public services, while strengthening the supervision of bond fund usage to ensure the safe and effective use of funds.
The introduction of these policies will undoubtedly inject new momentum into the sustained and healthy development of our country's economy. The Ministry of Finance stated that it will continue to closely monitor economic performance, adjust and refine relevant policies in a timely manner, ensuring that economic operations remain within a reasonable range.