The recently held Central Economic Work Conference proposed to continue implementing a more proactive fiscal policy. How will more proactive fiscal policies continue to be implemented? What are the key fiscal tasks for next year? At the National Financial Work Conference held in Beijing from December 27th to 28th, Minister of Finance Lan Fo'an made arrangements. This year, the fiscal policy has implemented a "combination punch" and new achievements have been made in fiscal work. Lan Fo'an stated that by 2025, financial departments at all levels will conscientiously implement the decisions and arrangements of the Party Central Committee and the State Council, fulfill their responsibilities, and strive for progress while maintaining stability. New achievements have been made in fiscal work, which has played an important role in promoting the completion of the annual economic and social development goals and tasks. Fiscal policy, as an important means of macroeconomic regulation, has the dual advantages of expanding aggregate demand and targeted structural adjustment. Maintain expenditure intensity, provide greater support for "dual" projects, and strengthen the implementation of the "two new" policies by expanding the scope; Focusing on high-quality development and making precise efforts, significantly increasing investment in basic research; Continuously strengthen people's livelihood security, enrich policy tools for stable employment, and gradually promote free preschool education; Actively resolving risks in key areas and strengthening the management of the entire process of replacing hidden debts in stock... The meeting pointed out that in 2025, a more proactive fiscal policy will be implemented to strike a "combination punch". Since the beginning of this year, we have allocated 16.9 billion yuan in fiscal funds to support the implementation of the trade in program for consumer goods. ”Li Jiayuan, the director of the Finance Department of Sichuan Province, who attended the conference, told reporters that Sichuan's finance has also effectively promoted the sustained recovery and improvement of the consumer market through various policies such as personal consumption loan subsidies and the "Shu Li An You" consumption new scene cultivation plan. In the first 11 months of this year, the total retail sales of consumer goods in the province increased by 5.5% year-on-year. This year, China's fiscal policy has become more proactive, concentrating financial resources to accomplish many major tasks, providing strong support for key areas and ensuring stable and healthy economic development throughout the year. ”Yang Zhiyong, President of the Chinese Academy of Fiscal Sciences, who attended the conference, said. Next year, we will expand fiscal expenditure and focus on six key areas. Looking ahead, China will continue to implement a more proactive fiscal policy. How can we make specific efforts? 'More proactive' is reflected not only in the scale of funds, but also in improving the efficiency of fund utilization. ”Lan Fo'an stated that he will expand the fiscal expenditure plate next year to ensure the necessary expenditure intensity; Optimize the portfolio of government bond instruments to better leverage bond benefits; Improve the efficiency of transfer payment funds and enhance local independent and available financial resources; Continuously optimizing expenditure structure and strengthening support in key areas; Strengthen fiscal and financial coordination, and enhance policy effectiveness. This meeting also identified six key tasks for next year's fiscal work. This includes adhering to the leading role of domestic demand and supporting the construction of a strong domestic market; Support the deep integration of technological innovation and industrial innovation, accelerate the cultivation and growth of new driving forces; Promote urban-rural integration and regional linkage, and expand development space. The domestic demand market in our country has enormous potential, and the government should actively play a role in expanding domestic demand and smoothing the economic cycle. ”Lan Fu'an said. Vigorously boost consumption, deeply implement the special action to boost consumption, and continue to arrange funds to support the exchange of old for new consumer goods; Actively expanding effective investment and increasing investment in key areas such as new quality productivity and comprehensive human development; Accelerate the construction of a unified national market, standardize tax incentives and fiscal subsidy policies... The conference made arrangements around next year's fiscal support to expand domestic demand. At the same time, next year's key fiscal work will also focus on the following aspects: further strengthening the protection of basic necessities and the bottom line, and effectively enhancing people's livelihood security; Promote comprehensive green transformation of economic and social development, accelerate the construction of a beautiful China; Strengthen international financial and economic exchanges and cooperation, and support the expansion of high-level opening-up to the outside world. Lan Fo'an said that next year's finance will promote residents' employment and income growth, support the provision of satisfactory education for the people, improve the level of medical and health service guarantees, improve the social security system, and expand development space while meeting people's livelihood needs. Luo Zhiheng, Chief Economist and Dean of the Research Institute of Yuekai Securities, who attended the conference, stated that fiscal policy can play an important role in stabilizing growth, optimizing structure, and ensuring people's livelihoods. Continuing to implement a more proactive fiscal policy next year reflects the continuity and stability of macro policies, and will provide strong guarantees for achieving a good start to the 15th Five Year Plan. Deepen and accelerate breakthroughs in comprehensively strengthening financial scientific management. The Central Economic Work Conference proposed to strengthen financial scientific management. Based on this deployment, the meeting clarified that next year we will deepen and accelerate breakthroughs, comprehensively strengthen scientific financial management, and promote high-quality financial development through high-level management. Adhere to the combination of top-down and bottom-up approaches, and deepen the pilot of scientific financial management. ”Lan Fo'an said that next year, strengthening the overall planning of financial resources will be the main focus, making good use of the zero based budget as a powerful lever, making strengthening departmental main responsibilities a key link, and placing institutional construction in a prominent position. In Anhui, the pilot work of financial scientific management has been solidly promoted this year. Over the past year, we have comprehensively promoted all 11 pilot tasks, formulated 206 pilot measures, and innovatively built a pilot scheduling system for full cycle control. At present, 48 institutional achievements have been formed at the provincial level alone, achieving significant results in 'multi-point flowering' and improving the efficiency of fiscal policies and fund utilization, "said Gu Jianfeng, Director of the Anhui Provincial Department of Finance, who attended the meeting. The meeting pointed out that next year we must adhere to the combination of consolidating responsibilities and improving mechanisms, and effectively safeguard the bottom line of the "three guarantees". Persist in combining risk resolution with the establishment of long-term mechanisms, and strengthen government debt management without relaxation. We need to turn debt into reality and accelerate the resolution of hidden debt risks in stock. We must uphold the red line and resolutely curb the increase of implicit debt. ”Lan Fu'an said. In addition, the meeting clearly stated that next year we will adhere to a combination of steady progress and bold exploration, and deepen the reform of the financial and tax system. Adhere to the combination of managing assets well and making good use of assets, and promote the improvement of the state-owned asset management system. Adhere to the combination of accurately identifying problems and effectively solving them, and continuously strengthen financial and accounting supervision work. (New Society)