Stable and Successful Development of Fiscal and Economic Operation:Policy and Reform——Report of Local Finance and Economic Operation in 2023
In 2023,China's economy stabilized and recovered,with GDP and general public budget revenue increasing by 5.2％and 6.4％respectively,both achieving high growth rates.However,behind the attractive data,there is a base factor that affects the operation of the fiscal economy,which presents different levels of temperature differences.There is a contrast between macro and micro,fiscal and economic,and data and reality.At the same time,in the stage of economic downturn,the drawbacks of the fiscal system and mechanism have become apparent.Typical trends worth paying attention to include local governments becoming the main body of fiscal resource allocation,an increase in the scale of fiscal interest payments,greater pressure on developed regions,and a reversal of the direction of fiscal coordination.In this context,it is recommended to increase fiscal efficiency,deepen institutional and mechanism reforms,strengthen fiscal management,and explore new modes of interaction between the government and enterprises.
Fiscal and Economic OperationFiscal RegimeFiscal Resource
NETL
NSTL
万方数据
