The financial sector: It is expected that the annual new tax and fee reduction will reach 1 trillion yuan

On December 27, the national financial work video conference was held in Beijing.

The meeting pointed out that in 2021, the financial sector conscientiously implement the decision and deployment of the Party Central Committee and the State Council, and promote the construction of a new development pattern to take new steps, high-quality development to achieve new results. The work of fiscal planning for the next year mainly includes:

  1. strengthening fiscal policy regulation and maintaining the necessary scale of fiscal expenditure;
  2. optimizing the management of the issuance and use of local government special bonds;
  3. carrying out a pilot project of no hidden debt in the whole region;
  4. carrying out a pilot project of no hidden debt in the whole region;
  5. establishing a regular direct financial fund delivery mechanism and expanding its scope;
  6. optimizing and implementing tax reduction and fee reduction policies, and it is expected that the annual new tax and fee reduction will reach 1 trillion yuan.

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