The Permanent National Committee: better understand the direct mechanism of fiscal funds, implement and better take advantage of the effectiveness of active fiscal policies



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Prime Minister Li Keqiang of the State Council chaired an executive meeting of the State Council on October 21, demanding that the direct mechanism of fiscal funds continue to be implemented and that the effectiveness of proactive fiscal policies be better utilized; the decision was made to fully implement the notification and commitment system for certification matters and business-related licensing matters to reform more It is convenient for enterprises and the masses to do business.

The meeting noted that, in accordance with the deployment of the Party Central Committee and the State Council, the relevant departments and localities have conscientiously implemented a mechanism of direct fiscal funds, have promoted the rapid implementation of large-scale aid policies, and continue showing results. By the end of September, of the 2 trillion yuan in new fiscal funds this year, 1.7 trillion yuan should be allocated to local governments, and 1.57 trillion yuan has been allocated to municipal and county users, effectively supplementing local financial resources to ensure there are tax and fee reductions. It has supported the employment of residents, market agents, and people’s basic livelihoods, supported the construction of large projects and poverty alleviation, and ensured the normal functioning of the bases. In the first three quarters, new tax and fee reductions exceeded 2 trillion yuan. The implementation of large-scale aid policies and direct mechanisms has saved hundreds of millions of market players, supported almost 9 million new jobs in cities and towns, and played a key role in restoring economic stability. . In the next step, it is necessary to focus on completing the main objectives and tasks of the annual development, maintaining the continuity and effectiveness of the macro policy, continuing to implement the direct mechanism and improving the efficiency of the use of capital. At the same time, it is necessary to summarize this year’s practices, study the establishment of a direct standardized mechanism for fiscal funds, and improve the efficiency of fiscal funds through reforms to better address the general situation of economic and social development. The first is to expand the reach of direct funds. General transfer payments that can be allocated directly to central and local common tax power transfer payments, qualified special transfer payments, and reward funds from the county-level basic financial guarantee mechanism can be included in the direct mechanism and basically done Central government livelihood subsidy funds are fully covered to ensure that teachers’ salaries in compulsory education are paid on time and in full, and to better support grassroots operation. The second is to improve the management of direct funds. Transfer payment funds are issued with reasonable notice. All localities must strengthen their responsibilities and increase the scientific, standardized and effective use of funds. The third is to improve supervision, speed up the open exchange of data between departments, strengthen the monitoring of the entire process of direct funds, strictly prevent “fishing in rough waters” and ensure that funds are used well.

At the meeting it was pointed out that by deepening the reform of “delegate control, delegate control and serve the service”, on the basis of preliminary pilots, comprehensively implement a notification and commitment system in terms of certification and commercial license of companies of all regions and departments, which can benefit companies and individuals, and stimulate the vitality of the market and society. Creativity can also promote building a trustworthy society. It is an important reform measure that promotes both innovation and long-term development. The meeting decided that, first of all, in accordance with the “reduction of certificates for the convenience of the people” requirements, high-frequency matters related to the production and life of enterprises and the masses, and difficult to obtain certifications, especially in the management of household records, market entities and social security. In other aspects, timely implement the notification and commitment system. The notification and commitment system is not applicable to matters involving public safety, ecological protection and personal health. The list of matters subject to the notification and commitment system must be announced to the public. The second is to clarify the applicable objects. If the applicant is unwilling or unable to promise, they must present a certificate or apply for a permit in accordance with the regulations. In the case of bad credit or false promises, the notification and promise system will not be applied prior to credit restoration. The third is to strengthen supervision during and after the event. The applicant is responsible for the promise. If the promise is false, it will be terminated in accordance with the law, its rectification will be ordered within a deadline, an administrative decision will be reversed or an administrative sanction will be imposed, which will be included in the credit history and the sanction will be imposed for dishonesty.

The meeting also studied other matters.

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