The specific content and background of fiscal policy implemented in China in 2.

The main contents of the proactive fiscal policy in 2 include:

First, issuing 1 billion yuan of long-term treasury bonds, focusing on infrastructure construction and technological transformation of enterprises, and leaning toward the central and western regions, with more than 6% of the treasury bonds invested in the central and western regions;

Second, continue to implement the policies and measures introduced in 1999 to adjust income distribution, and ensure the steady growth of urban residents' income;

the third is to further use tax and other means to encourage investment, promote consumption and increase exports. According to the spirit of the Central Committee, we will continue to implement a proactive fiscal policy in 21. The main policy measures include continuing to increase investment in existing treasury bonds, increasing the development of the western region, and strengthening the construction of the social security system.

Background of implementing proactive fiscal policy in 2:

In 2, the signs of deflation in China's national economic operation have not been eliminated. The so-called deflation refers to the general and sustained decline in the overall price level. From October, 1997 to December, 1999, China's commodity retail price index has been declining for 27 months, and commodity prices will remain at a low level for a certain period of time in the future. Insufficient effective demand is still the main problem restricting China's economic growth.

Extended information:

Although the implementation of the proactive fiscal policy in p>2 has achieved remarkable results, there is still a certain degree of contrast between the effect of the policy and our expectations, which shows that the proactive fiscal policy still faces certain risks objectively in its decision-making and implementation process. The main reasons leading to policy risks are as follows:

1. As far as the goal of proactive fiscal policy is concerned, it focuses on stimulating the annual economic growth and pays insufficient attention to the sustainable development of the national economy.

2. When analyzing the reasons for the declining economic growth rate year after year, it is believed that it is caused by insufficient domestic demand. Therefore, the focus of policies to stimulate economic growth is only on expanding domestic demand, and the problems existing in social supply are not fully understood and paid due attention.

3. In terms of the choice of policy tools, it is mainly to increase domestic demand and promote economic growth by issuing additional treasury bonds and expanding the scale of fiscal expenditure. Other policy tools are rarely used, and there is a lack of organic cooperation between different fiscal policy tools.

4. In the case that the economic growth rate has started to pick up in 2, the focus of China's fiscal policy is still on expanding demand, without timely strategic shift, and the fiscal policy is seriously lagging behind.

5. In dealing with the relationship between the role of fiscal policy and the role of market mechanism, one-sided emphasis is placed on the role of the former, while the role of the latter is ignored, and the position and role of fiscal policy in the market economy are not properly adjusted, resulting in the excessive strength of fiscal policy and further increase of fiscal risks, especially the risk of national debt.

6. The proactive fiscal policy does not reflect its due fairness, but is too inclined to the state-owned economy, which obviously discriminates against other ownership economies, especially in terms of financial input. This does not meet the requirements of market economy and is not conducive to the realization of economic growth goals. Seventh, due to layers of interception and misappropriation, it is estimated that about 2% of the national debt funds cannot be put in place, which greatly reduces the economic growth promoted by national debt investment projects.

Baidu Encyclopedia-Proactive Fiscal Policy