This morning, the State Information Office held a press conference on the theme of “Getting Started with the 15th Five-Year Plan” series. Relevant officials from the Ministry of Finance introduced the situation of playing an active role in fiscal policy to promote high-quality economic and social development. Vice Minister of Finance Liao Min said that over the past five years, the effectiveness of financial macro-control has been continuously improved, which has strongly supported high-quality economic and social development, and achieved fiscal sustainability. The role of finance as the foundation and important pillar of national governance has been further demonstrated. From 2021 to 2025, the country's general public budget revenue totaled 106 trillion yuan and total expenditure was 135 trillion yuan, a significant increase over the 13th Five-Year Plan period. During the “15th Five-Year Plan” period, we will strive to establish a stronger, stable, balanced, and sustainable finance to provide solid financial guarantees for making decisive progress in basic socialist modernization. In summary, it is necessary to strive to achieve six “further steps”: further strengthening fiscal strength; further optimizing the fiscal expenditure structure; shifting more fiscal expenditure to people to support domestic consumption and enhance the endogenous dynamics of the domestic cycle; further improving the efficiency of fiscal macro-control; further deepening fiscal and taxation system reform; further improving the level of fiscal science management; and further mitigating risks in key fiscal areas.

This morning, the State Information Office held a press conference on the theme of “Getting Started with the 15th Five-Year Plan” series. Relevant officials from the Ministry of Finance introduced the situation of playing an active role in fiscal policy to promote high-quality economic and social development. Vice Minister of Finance Liao Min said that over the past five years, the effectiveness of financial macro-control has been continuously improved, which has strongly supported high-quality economic and social development, and achieved fiscal sustainability. The role of finance as the foundation and important pillar of national governance has been further demonstrated. From 2021 to 2025, the country's general public budget revenue totaled 106 trillion yuan and total expenditure was 135 trillion yuan, a significant increase over the 13th Five-Year Plan period. During the “15th Five-Year Plan” period, we will strive to establish a stronger, stable, balanced, and sustainable finance to provide solid financial guarantees for making decisive progress in basic socialist modernization. In summary, it is necessary to strive to achieve six “further steps”: further strengthening fiscal strength; further optimizing the fiscal expenditure structure; shifting more fiscal expenditure to people to support domestic consumption and enhance the endogenous dynamics of the domestic cycle; further improving the efficiency of fiscal macro-control; further deepening fiscal and taxation system reform; further improving the level of fiscal science management; and further mitigating risks in key fiscal areas.