What did the finance do this year? What should finance do next?

On the afternoon of August 29th, Xiao Jie, Minister of Finance, was entrusted by the State Council to make a report of the State Council on the budget implementation this year to the National People's Congress Standing Committee (NPCSC). How is the financial operation at this stage? What is the next important move? What are you studying? Which ones are to be broken? Lots of information!

The tax revenue of real estate and other industries has increased rapidly.

"The financial operation is generally stable and the budget implementation is good," Xiao Jie said. 1 to July, the national general public budget revenue 1 1076246 million yuan, an increase of10%; The national general public budget expenditure was 1 1697938 billion yuan, an increase of 14.5%, which was 4.5 percentage points higher than the income growth in the same period this year.

In the "national general public budget revenue" and "account book", corporate income tax increased by 12.7%, and personal income tax increased by 18.5%. Xiao Jie analyzed that the reason for the rise of the two is "driven by the rapid growth of corporate profits"; "Affected by the increase in residents' income and the increase in property transfer income". In addition, the tax revenue of energy and raw materials industry has increased rapidly, and the tax revenue of high-end manufacturing, wholesale and retail, real estate and other industries has increased rapidly. The tax revenue of the construction industry and the financial industry has declined due to the effect of tax reduction.

For other accounts, in the first seven months, the national government fund income was 2,839.499 billion yuan, an increase of 31.6%; The national state-owned capital operating budget revenue is 70.284 billion yuan.

What deserves attention is the social insurance fund. From June to June, the national social insurance fund income was 3139.29 billion yuan, an increase of 28.8%. Expenditure on social insurance funds nationwide was 2,467.29 billion yuan, an increase of 23.8%.

Xiao Jie analyzed that the income and expenditure of social insurance funds have increased a lot. "It is mainly because some provinces have begun to implement the reform of the basic old-age insurance system for government agencies and institutions, and incorporated the basic medical insurance for urban residents and the new rural cooperative medical care into the basic medical insurance for urban and rural residents to improve the financing level. As of the end of June, the accumulated balance of the fund was 7,358.66 billion yuan. "

Progress has been made in deepening tax reform.

Xiao Jie said that since the beginning of this year, progress has been made in deepening the reform of the fiscal and taxation system. In improving the budget management system, we should clean up and standardize matters linked to fiscal revenue and expenditure or GDP growth, and improve the budget guarantee mechanism for key expenditures; Intensify the clean-up and integration of special transfer payments.

Simplify the structure of value-added tax rate in deepening the tax system reform; Summarize and evaluate the pilot situation of water resource tax reform in Hebei Province, and study and expand the scope of the pilot; We will do a solid job in the legislative work related to the tonnage tax law of ships, the tobacco tax law, and the farmland occupation tax.

In terms of increasing tax reduction and fee reduction, Xiao Jie said that it will intensify efforts to clean up and standardize the fees charged by enterprises: cancel the special fund for urban public utilities and new wall materials. Expand the exemption scope of employment security fund for the disabled and set the upper limit of collection standard. Reduce the collection standards of national major water conservancy project construction funds and large and medium-sized reservoir resettlement support funds. Authorize local governments to independently reduce or exempt local water conservancy construction funds and local reservoir resettlement support funds.

Local debt management sets a "negative list"

Xiao Jie said that since the beginning of this year, local government debt management has been strengthened, and a number of measures have been taken, such as drawing up a "negative list", checking illegal financing problems of local governments and publicly exposing typical cases, and the relevant responsible persons have been dismissed, administratively demoted and fined.

He said that the next step is to "insist on blocking the back door and opening the front door to strictly control the increment, and resolutely block the' back door' of illegal lending". Local governments will issue government bonds to regulate lending and resolutely curb the increase of hidden debts. At the same time, open the "front door" for legal and compliant borrowing, adapt to the needs of economic and social development in different regions, reasonably determine the debt limits of local governments in different regions, and steadily promote the reform of special bond management. "

"Actively and steadily resolve the accumulated debt risks", he stressed, "urge local governments to implement the main responsibility, increase accountability and accountability, improve the performance appraisal system, and achieve lifelong accountability and accountability."

The next step is to do five major tasks in finance.

Speaking of the next financial work arrangement, Xiao Jie said that he will continue to conscientiously implement the decision-making arrangements of the CPC Central Committee and the State Council, implement the requirements of the relevant resolutions of the National People's Congress, adhere to the general tone of striving for progress while maintaining stability, better grasp the relationship between stability and progress, maintain policy continuity and stability, implement a proactive fiscal policy, adhere to the supply-side structural reform as the main line, moderately expand aggregate demand, strengthen expected guidance, deepen innovation drive, ensure stable and healthy economic development, and improve the quality and efficiency of economic operation; Ensure the deepening of supply-side structural reform and promote substantial progress in economic restructuring; The bottom line to ensure that systemic financial risks do not occur. Focus on the following work:

First, further implement a more active and effective fiscal policy. We will conscientiously implement the various tax reduction and fee reduction measures that have been introduced, promptly investigate and deal with illegal charges and levies, and enhance the sense of gain of the people and market players. Pay close attention to the study and establishment of a list system of financial subsidies for institutions. Further strengthen the monitoring of the operation of local treasury funds, urge to speed up the implementation of the project, and better release the funds and policy effects. Take out more high-quality assets, introduce various investments through PPP mode, and continue to use the recovered funds for new infrastructure and public utilities construction to achieve a virtuous circle. Guide government investment funds to focus on public services, poverty alleviation, infrastructure and other fields, and increase support for "Made in China 2025".

The second is to vigorously promote structural reforms on the supply side. Supervise and urge local governments to strengthen the management of the allocation and use of special award-winning funds, and use them in strict accordance with regulations to ensure the completion of the task of de-capacity of coal and crude steel. We will continue to actively and steadily reduce the leverage ratio of enterprises and promote market-oriented and legal debt-to-equity swaps. Further reduce logistics costs, issue a unified electronic invoice for expressway toll value-added tax before the end of this year, and support the construction of supply chain system and the development of cold chain logistics in some areas. Reform the price formation mechanism and purchasing and storage system of important agricultural products such as grain, and improve the interest compensation mechanism in major grain producing areas. Increase support, promote the expansion of agricultural insurance, increase products and improve standards.

The third is to continue to deepen the reform of the fiscal and taxation system. We will continue to promote the reform of the division of financial powers and expenditure responsibilities between the central and local governments in different fields. To study and formulate a reform plan to further rationalize the income division between the central and local governments and improve the local tax system. Study and promote the reform of individual income tax. Start the pilot of personal tax deferred commercial endowment insurance. Further improve the transfer payment system, and promote the transfer payment settings to adapt to the division of financial rights and responsibilities. Strengthen the whole process management of budget performance and improve the efficiency of fund use.

The fourth is to solidly promote the construction of people's livelihood. Focus on deep poverty-stricken areas to promote poverty alleviation and support the solution of basic public services and infrastructure construction. We will continue to implement the funding guarantee mechanism for compulsory education in urban and rural areas and promote the full coverage of permanent residents in urban compulsory education. Improve the personal accounts of employees' medical insurance, gradually carry out outpatient co-ordination, and promote the settlement of basic medical insurance for medical treatment in different places. Strengthen social assistance policies and resource co-ordination, guide all localities to scientifically formulate dynamic adjustment plans for minimum living standards, and ensure effective connection with poverty alleviation standards. Urge all localities to make good use of special funds for urban affordable housing projects, implement public rental housing policies, and ensure the basic housing needs of families in need. Pay close attention to the operation of grassroots finance, make overall use of existing financial channels, and actively support difficult areas to do basic livelihood work.

Fifth, actively and steadily resolve local government debt risks. Strictly implement the budget law and relevant documents of the State Council, urge local governments to strengthen quota management and budget management, and speed up the replacement of existing national debt. Insist on blocking the back door and opening the front door to strictly control the increment, and resolutely block the "back door" of illegal lending. Local governments will regulate borrowing by issuing national debt and resolutely curb the increase of hidden debt. At the same time, open the "front door" of legal and compliant debt borrowing, adapt to the needs of economic and social development in different regions, reasonably determine the debt limits of local governments in different regions, and steadily promote the reform of special bond management. Actively and steadily resolve accumulated debt risks. Supervise local governments to implement the main responsibility, increase accountability, accountability and accountability, improve the performance appraisal system, and realize lifelong accountability and accountability. Accelerate the market-oriented transformation of financing platform companies. Supervise financial institutions to operate in compliance and prudence, and effectively strengthen risk control.