According to data from the Ministry of Finance on March 19th, the financial operation achieved a stable start in the first two months of this year. Among them, the national general public budget revenue was 4415.4 billion yuan, a year-on-year increase of 0.7%; The proactive fiscal policy has taken the lead, with a national general public budget expenditure of 4670.6 billion yuan, a year-on-year increase of 3.6%, and continued strong support for expenditures in key areas. From January to February, the resilience of national fiscal revenue and the precision of expenditure were organically combined. The national general public budget revenue has achieved a slight increase in a complex environment, while tax revenue is running steadily, in line with the economic development trend; Strong support is provided in key areas such as fiscal expenditure, structural optimization, and people's livelihood security, actively releasing the effectiveness of fiscal policies and laying the foundation for the annual fiscal operation and high-quality economic development, in line with the orientation of the start of the 15th Five Year Plan. ”Li Xuhong, Vice President of Beijing National Institute of Accounting, said. Specifically, from January to February this year, the national tax revenue was 3639.3 billion yuan, a year-on-year increase of 0.1%; Non tax revenue was 776.1 billion yuan, a year-on-year increase of 3.4%. Looking at the central and local levels, the general public budget revenue of the central government was 1.9167 trillion yuan, a year-on-year decrease of 1.7%; The local general public budget generated a revenue of 2.4987 trillion yuan, a year-on-year increase of 2.6%. The performance of national tax revenue in the first two months is basically consistent with the overall stable trend of economic operation, and the performance of major tax categories is also in line with the development of corresponding fields. In terms of tax categories, the domestic value-added tax increased by 4.7%, mainly driven by factors such as the growth of the industrial service industry and the narrowing of the decline in factory prices for industrial producers. It is worth noting that, benefiting from the rapid growth of foreign trade imports at the beginning of the year, the value-added tax and consumption tax on imported goods increased by 12.9%; The value-added tax and consumption tax on exported goods were refunded by 556.9 billion yuan, an increase of 49.4 billion yuan compared to the same period last year, a growth of 9.7%, which strongly supported the growth of foreign trade exports. In addition, based on the sustained active performance of the capital market, the stamp duty on securities trading increased by 1.1 times in January and February. The tax effect of industrial upgrading is also becoming apparent. ”Li Xuhong stated that industries such as equipment manufacturing and modern services have consistently performed well in terms of tax revenue. The tax revenue of the computer communication equipment manufacturing industry increased by 9%, the tax revenue of the electrical machinery and equipment manufacturing industry increased by 9.5%, the tax revenue of the scientific research and technology service industry increased by 15.8%, and the tax revenue of the cultural, sports and entertainment industry increased by 9.8%. In terms of fiscal expenditure, in the first two months of this year, the proactive fiscal policy took the lead, with the national general public budget expenditure reaching 4670.6 billion yuan, a year-on-year increase of 3.6%. From the perspective of major expenditure items, social security and employment expenditures amounted to 927.9 billion yuan, a year-on-year increase of 8.6%; Health expenditure was 411.9 billion yuan, a year-on-year increase of 17.3%; Energy conservation and environmental protection expenditures amounted to 83.8 billion yuan, a year-on-year increase of 5.4%; Urban and rural community expenditures amounted to 369 billion yuan, a year-on-year increase of 7.7%. In Li Xuhong's view, the growth rate of expenditures in key areas such as social security, employment, and health is significant, focusing not only on people's livelihood and well-being, but also on green development and urban-rural construction, which is in line with the 2026 fiscal key guarantee orientation. According to Luo Zhiheng, Chief Economist of Yuekai Securities, the general direction for optimizing the structure of fiscal expenditure in the future is to shift from emphasizing investment to equally emphasizing investment and consumption, from emphasizing supply to equally emphasizing supply and demand, and from emphasizing enterprises to enterprises and households, further tilting towards residents and people's livelihood security. (New Society)