How Fiscal and Tax Policies Drive the Development of New Qualitative Productivity
How do fiscal and tax policies drive the emergence of new-quality productivity?The connotation of new-quality productivity is manifested in the systemic new-quality of the productivity system,with the core being the revolutionary breakthrough in technology,reflected in the innovative configuration of production factors and the deep transformation and upgrading of industries,among others.The theoretical logic of fiscal and tax policies driving the emergence of new-quality productivity is embodied in shaping the production relations that adapt to new-quality productivity,regulating the output distribution effect of new-quality productivity to promote long-term sustainable economic development,encouraging technological innovation to create a source of innovation for new-quality productivity,strengthening innovative scenarios to empower the creation of new industries,new business formats,and new models,promoting cluster integration development,and constructing an optimal industrial ecology to create a source of aggregation for new-quality productivity.In terms of policy tools,tax incentive policies are a powerful tool to promote corporate technological innovation and R&D investment,effectively optimizing the attraction and allocation of capital through talent mobility,knowledge transfer,and risk mitigation,promoting the emergence of new-quality productivity.Meanwhile,subsidy policies drive the growth of new-quality productivity through direct financial support and the development of specific areas.Therefore,the focus of future fiscal and tax policies is to promote the integration of the innovation chain,industry chain,capital chain,and talent chain to strengthen the driving force for the emergence of new-quality productivity,stimulate the vitality of the emergence of new-quality productivity by promoting the development of new industries,new forms,new business formats,and new models,and provide guarantees for the emergence of new-quality productivity by promoting the"four modernizations"of industrial high-end,digitalization,intelligence,and greening.
Fiscal and Tax PolicyNew-quality ProductivityFour-chain IntegrationThe Four NewsThe Four Modernizations