BEIJING, Aug. 6 -- China is confident of achieving all fiscal targets and tasks set for this year, Finance Minister Liu Kun said in an interview with Xinhua.
The country's economic fundamentals remain unchanged and its economy is steadily recovering, he said.
The ministry will work hard to ensure stability on six fronts and security in six areas, and pursue a more proactive and impactful fiscal policy to achieve high-quality development, Liu said.
The six fronts are employment, the financial sector, foreign trade, foreign investment, domestic investment, and expectations. The six areas refer to job security, basic living needs, operations of market entities, food and energy security, stable industrial and supply chains, and the normal functioning of primary-level governments.
China's economy has picked up since the second quarter, with production demand recovering and key economic indicators improving, Liu said.
The latest fiscal revenue data also added to positive signs toward a stronger recovery. The country's fiscal revenue growth swung back to positive in June, registering a 3.2-percent increase year on year.
TAX CUTS
China has been pushing for tax and fee cuts to help businesses overcome hardships caused by the COVID-19 epidemic and weak external demand.
A slew of measures have been introduced, including reducing or canceling value-added tax for small-scale taxpayers and deferring their payment of corporate income taxes, among others.
"These measures have played a crucial role in stabilizing market entities, employment and public wellbeing, as well as economic fundamentals," Liu said, adding that the measures may help businesses save an additional more than 2.5 trillion yuan (about 360.23 billion U.S. dollars) throughout the year.
In the face of coronavirus-induced economic challenges, the country decided to issue 3.75 trillion yuan in special local government bonds this year.
Finance authorities will make good use of the special bonds and guard against systemic risks, Liu said.
As an extraordinary measure for an unusual time, the country promised to issue 1 trillion yuan in government bonds for COVID-19 control this year, according to the annual government work report released in May.
As of July 30, all the government bonds for COVID-19 control had been issued, Liu said, while pledging strict supervision over the use of the funds to ensure they will not be withheld or diverted for non-designated uses.
精选英语美文阅读:爱会伴随着度过一生
美文欣赏:海边漫步
英语标准美文51
英语晨读:金窗
双语:给你逃离“舒适区”的六个理由
英语标准美文85
精美散文:让我们撩起生命的波纹
态度决定一切 Attitude Is Everything
精选英语美文阅读:How selfless real love is 无私的爱
双语阅读:回家的感觉真好
最美的英文情诗:请允许我成为你的夏季
精选英语美文阅读:生活的涟漪
英语名篇名段背诵精华27
精选英语美文阅读:英国民谣《绿袖子》
双语美文精选:但愿人长久,千里共婵娟
浪漫英文情书精选:Keep You Forever永远温存着你
浪漫英文情书精选:I'm So Sorry, Baby对不起宝贝
英语美文30篇系列之21
诗歌:放慢你的舞步
英语晨读:潘多拉
精选英语美文阅读:被忽略的爱 Helpless love
英语美文:红色 Red (双语)
英语名篇名段背诵精华22
英语晨读:思考生活
伤感美文:人生若只如初见
英语晨读:忘忧树
英语美文:生命这个奇迹
英语美文:有良师乃人生之幸(双语)
美文欣赏:永远的朋友
精选英语美文阅读::朋友的祈祷
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |