On September 17th, the Ministry of Finance released statistical data showing that the national general public budget revenue continued to grow in August, and the cumulative growth rate continued to rebound. In August, the national general public budget revenue was 1.24 trillion yuan, a year-on-year increase of 2%; Among them, the central and local revenue growth rates were both 2%. Statistics show that in the first 8 months, the national general public budget revenue was 14.82 trillion yuan, an increase of 0.3%, which is 0.2 percentage points higher than the previous 7 months. The cumulative increase in tax revenue has turned from negative to positive. In the first 8 months, the national tax revenue was 1.211 trillion yuan, an increase of 2.6 billion yuan from the same period last year, with a slight increase of 0.02%, and the cumulative growth rate turned positive for the first time. Among them, domestic value-added tax, domestic consumption tax, and personal income tax increased by 3.2%, 2%, and 8.9% respectively, with steady growth rates; The corporate income tax increased by 0.3%, and the cumulative growth rate has turned positive. Further optimization of the fiscal revenue structure will play a positive role in promoting fiscal sustainability. Among the main tax categories, domestic value-added tax, domestic consumption tax, personal income tax, stamp duty, etc. have maintained rapid growth, demonstrating the driving effect of economic recovery and active capital markets. ”Li Xuhong, Vice Dean and Professor of Beijing National Institute of Accounting, said. According to He Daixin, Director and Researcher of the Finance Research Office at the Institute of Finance and Economics Strategy of the Chinese Academy of Social Sciences, the significance of achieving positive growth in corporate income tax is significant, and the growth of key areas, industries, and enterprises is indispensable; The tax growth rate in the cultural, sports, and entertainment industries has accelerated, benefiting from the boost in consumption policies and the growth of the service industry. In terms of expenditure, the national general public budget expenditure has maintained growth, and expenditures in key areas have been well guaranteed. Financial departments at all levels conscientiously implement more proactive fiscal policies, increase expenditure intensity, optimize expenditure structure, and continuously strengthen expenditure guarantees for key areas. Statistics show that in the first 8 months, the national general public budget expenditure was 1.793 trillion yuan, a year-on-year increase of 3.1%. Among them, social security and employment expenditures increased by 10%, and education expenditures increased by 5.6%. The improvement of fiscal revenue and expenditure situation is an important manifestation of the overall improvement of China's economic situation, and it is expected that fiscal revenue and expenditure will maintain a positive trend in the second half of the year. ”He Daixin said. Li Xuhong believes that the rapid growth of fiscal expenditure reflects the continued efforts of more proactive fiscal policies, with strong expenditure guarantees in key areas, effectively supporting people's livelihoods, and providing solid support for the stable operation of the economy. At the same time, financial departments at all levels are accelerating the issuance and utilization of bond funds. In the first eight months, 3.39 trillion yuan was spent on local government special bonds, ultra long term special treasury bond, and central financial institutions' special treasury bond, which were included in the government fund budget, driving the government fund budget spending to increase by 30%. Finance Minister Lan Fo'an recently stated that in the next step, the finance department will continue to maintain policy continuity and stability, enhance flexibility and foresight, strengthen forward-looking analysis of the situation, make policy reserves, take the initiative to push forward, and contribute financial strength to high-quality economic and social development. Overall, the financial operation in the first eight months has been stable, with continuous optimization of the income structure, strong support for key areas of expenditure, and accelerated effectiveness in the use of bond funds. ”Li Xuhong said that looking ahead to the next few months, it is still necessary to maintain a more proactive fiscal policy orientation and not reduce efforts. By steadily expanding effective demand, ensuring and improving people's livelihoods, and promoting innovation driven development, we can further enhance the positive interaction between the economy and finance. (New Society)