The national treasury balance is 4.94 trillion! China's financial "cake" is getting bigger and bigger this decade! This year, the tax has been refunded 1. 1 trillion.

On the morning of May 7th, 65438 10, the Propaganda Department of the CPC Central Committee held a series of press conferences with the theme of "Ten Years in China". Xu Hongcai, Vice Minister of Finance, and Wang Daoshu, Deputy Director of State Taxation Administration of The People's Republic of China attended the press conference, introducing the relevant situation of fiscal and taxation reform and development, and answering reporters' questions.

According to the relevant person in charge, since the 18th National Congress of the Communist Party of China, China's financial strength has been continuously enhanced, and its fiscal revenue has maintained rapid growth. In the past ten years, the national general public budget revenue has accumulated 163.05 trillion yuan, with an average annual growth rate of 6.9%. The scale of general public budget expenditure in China has been expanding year by year, with a cumulative expenditure of 193.64 trillion yuan in ten years, with an average annual increase of 8.5%.

In the past ten years, the tax authorities have organized tax revenue of 1 12 trillion yuan, with an average annual increase of 6.8%. The total amount of new tax reduction and fee reduction is 8.8 trillion yuan, and the macro tax burden in China has been reduced to 15. 1% in 2002/year. More than 90 million tax-related market entities have been newly established, and the tax treaty network has covered 1 12 countries and regions.

In response to the market's concerns about the financial resources of local governments this year. Xu Hongcai said that the growth rate of fiscal revenue slowed down in April, mainly because the fiscal and taxation departments at all levels stepped up efforts to implement the tax reduction and tax rebate policies of the CPC Central Committee and the State Council. This is a positive measure for the active fiscal policy to cope with the downward pressure on the economy. Through the subtraction of fiscal revenue, the enterprise benefits are increased and the market vitality is doubled.

Xu Hongcai said that the fundamentals of China's economic stability and long-term improvement have not changed. With the emergence of the overall epidemic prevention and control and the effectiveness of economic and social development, fiscal revenue will also rise steadily.

In the past ten years, the financial "cake" has grown bigger and bigger, and the current national treasury balance is 4.94 trillion.

"In the past ten years, the financial strength has been continuously enhanced. With the steady and healthy development of the economy, the national fiscal revenue has maintained a relatively fast growth rate, and the fiscal' cake' has become bigger and bigger. " Xu Hongcai said that from 20 12 to 202 1 year, the national general public budget revenue increased from 1 1.73 trillion yuan to 20.25 trillion yuan, with an average annual growth rate of 6.9%.

At the same time, the scale of fiscal expenditure has expanded year by year. The national general public budget expenditure increased from 65,438+02.6 trillion yuan in 2065,438+02 to 24.63 trillion yuan in 2026,5438+00, and accumulated 65,438+093.64 trillion yuan in ten years, with an average annual growth rate of 8.5%, which effectively promoted the all-round development and progress of various economic and social undertakings.

Xu Hongcai also pointed out that since the 18th National Congress of the Communist Party of China, China's fiscal macro-control has been continuously improved, and a proactive fiscal policy has been implemented to reduce taxes and fees accurately, reducing the burden on enterprises by 20 13-202 1 by 8.8 trillion yuan. Scientifically arrange the scale of government debt, 20 15-202 1 year, and arrange new local government special bonds 12.2 trillion yuan. International financial and economic cooperation has been carried out in depth, the overall level of tariffs has been greatly reduced independently, and a new open economic system with a higher level has been promoted.

According to him, as of the end of April, the national fiscal balance was 4.94 trillion yuan. The balance of the financial treasury is the balance of the money received by the finance in that year MINUS the money spent, and the money returned to the enterprise for tax refund is also deducted. At the same time, the national treasury balance increased by about 440 billion yuan, an increase of 9.6%. The balance of local treasury funds was 4.56 trillion yuan, an increase of about 500 billion yuan or 12.2% over the previous year.

Ten years of accumulated tax reduction and fee reduction of 8.8 trillion yuan, this year's tax rebate 1. 1 trillion.

Since the 18th National Congress of the Communist Party of China, the CPC Central Committee and the State Council have taken tax reduction and fee reduction as an important measure to deepen the supply-side structural reform, and have continuously deployed and implemented a series of tax reduction and fee reduction policies. Wang Daoshu, deputy director of China State Taxation Administration of The People's Republic of China, pointed out that since the 18th National Congress of the Communist Party of China, the scale of tax reduction and fee reduction has been unprecedented, and the scope of benefits has been unprecedented, which has played an important role in reducing the burden and stimulating the vitality of market players.

According to Wang Daoshu, in the past ten years, the tax authorities have organized tax revenue of 1 12 trillion yuan, with an average annual increase of 6.8%. The total amount of new tax reduction and fee reduction is 8.8 trillion yuan, and the macro tax burden in China has been reduced to 15. 1% in 2002/year. More than 90 million tax-related market entities have been newly established, and the tax treaty network has covered 1 12 countries and regions.

He also pointed out that since the beginning of this year, the CPC Central Committee and the State Council have deployed and implemented a new comprehensive tax and fee support policy. It is estimated that the annual tax rebate and tax reduction will be about 2.5 trillion yuan, of which the new value-added tax will be about10.5 trillion yuan. Since the beginning of this year, it has reduced the tax burden and increased the cash flow for enterprises by more than10.6 trillion yuan, including three pieces:

First, from April 1 to May 16, * * 979.6 billion yuan was refunded to the enterprise account. In the first quarter, we continued to implement the policy of collecting VAT first and then retiring. This year, we returned the taxpayer account1/kloc-0.029 billion yuan for tax refund.

Second, in the first quarter, the country increased tax reduction and fee reduction by 654.38+0.98 billion yuan.

Third, since the beginning of this year, manufacturing SMEs have deferred tax payment of 377.8 billion yuan.

The implementation of the new tax rebate policy exceeded expectations, and the fiscal revenue was reduced by more than 30%.

Recently, the fiscal revenue data in April was released in many places, with a large decline, which also caused the market to worry about the financial resources of local governments. Xu Hongcai said that this year's tax rebate will be about 2.5 trillion yuan, which will strongly support enterprises to reduce their burdens and get rid of difficulties, and at the same time, it will also reduce fiscal revenue.

Xu Hongcai pointed out that the new VAT refund this year is about10.5 trillion yuan, which is dealt with by offsetting the existing fiscal revenue in accounting, rather than increasing financial subsidies and expenditures. April is the first month of implementing large-scale tax rebate, and the policy effect is released in a centralized way.

He further pointed out that in April, the national value-added tax rebate was about 800 billion yuan, and the implementation progress exceeded the expectations of the finance and taxation departments. The scale of tax rebate of about 800 billion yuan is treated as income reduction, which is equivalent to 37.5% of the income in April last year. For regions with developed manufacturing industries, especially some eastern provinces, the proportion of fiscal revenue hedged will be higher, exceeding 37.5%.

"Due to the great influence of the tax rebate factor, the fiscal revenue of May 438+0-April is incomparable with that of the previous year." Xu Hongcai said that in addition to tax rebate, there are other tax reduction and fee reduction measures this year, which will also affect the fiscal revenue of 1-4 months.

Xu Hongcai pointed out that the national fiscal revenue increased by 5% after deducting 800 billion yuan from June+0-April in 5438, which was lower than the cumulative increase (8.6%) from June+0-March in 5438. From the local perspective, the local fiscal revenue increased by 5.4% from June 5438 to April, after deducting the value-added tax deduction factor. 3 1 provinces (autonomous regions and municipalities), 23 regions increased and 8 regions decreased.

He said that the implementation of real refund and real subsidy will reduce local financial resources, and the central government will make up for it through transfer payments, which can basically make up for it and local financial resources can be effectively guaranteed.

Give better play to the role of finance in regulating the macro-economy.

"Stable employment, stable investment, stable market players, stable industrial chain supply chain and other key links, the policy intensity is appropriately high." Xu Hongcai pointed out that since the beginning of this year, the Ministry of Finance has implemented a new policy of tax reduction and fee reduction, stepped up efforts to reduce burdens and relieve difficulties, enhanced the vitality of market players, maintained moderate expenditure intensity, further optimized the structure of fiscal expenditure, strengthened the protection of key areas and basic people's livelihood, increased the transfer payment from the central government to local governments, and promoted the sinking of financial resources.

First, increase the central government's transfer payments to local governments, accelerate the collection and return of value-added tax, give priority to supporting small and micro enterprises, advance the stock tax refund time for medium-sized enterprises to May, and advance the stock tax refund time for large enterprises from the original 10 to June.

The second is to speed up the issuance and use of local government special bonds and promote the expansion of effective investment. By May 15, all localities had issued10.5 trillion, which was10.3 trillion more than the same period last year. By the end of April, special bonds 1. 1.000 have been issued, and special bonds 1.20 billion yuan have been used for capital of major projects, which provides a strong support for expanding effective investment and stabilizing the macro-economy.

The third is to strengthen policies to help enterprises tide over the difficulties. Focus on increasing assistance to small and micro enterprises, tax reduction and fee reduction policies, inclusive finance policies, etc. For difficult industries such as logistics and catering, which are greatly affected by the epidemic, we will increase assistance in a targeted manner, such as increasing tax incentives and reducing the burden of social security fees for enterprises with special difficulties. At the same time, encourage all localities to actively arrange funds to provide housing rent, utilities, guarantee fees, epidemic prevention fees and other subsidies to enterprises and individual industrial and commercial households in difficulty.

Xu Hongcai said that the Ministry of Finance will fully implement the decision-making arrangements of the CPC Central Committee, plan incremental policy tools, intensify camera control, grasp the lead and redundancy of goal-oriented policies, give full play to the role of fiscal control over the macro-economy, unswervingly stabilize the economy, strive to achieve the expected goals of economic and social development throughout the year, and keep the economy running in a reasonable range.