Minister of Finance Lan Foan published an article on October 1 saying that it is better to coordinate an effective market and promising government to identify the starting points of fiscal policy. To make a difference, financial arrangements focus on important areas relating to long-term economic and social development, such as ecological and environmental protection, agriculture and rural areas, etc., and focus on making up for market failures; whether to do something or not, try to regulate government economic promotion actions such as financial subsidies and tax incentives, minimize direct allocation of resources and direct intervention with micro actors, and focus on giving full play to the decisive role of the market in resource allocation to ensure the “effectiveness” of fiscal policy, and promote the “effectiveness” and “management” of the market mechanism A “good” economy Order.

Zhitongcaijing · 2d ago
Minister of Finance Lan Foan published an article on October 1 saying that it is better to coordinate an effective market and promising government to identify the starting points of fiscal policy. To make a difference, financial arrangements focus on important areas relating to long-term economic and social development, such as ecological and environmental protection, agriculture and rural areas, etc., and focus on making up for market failures; whether to do something or not, try to regulate government economic promotion actions such as financial subsidies and tax incentives, minimize direct allocation of resources and direct intervention with micro actors, and focus on giving full play to the decisive role of the market in resource allocation to ensure the “effectiveness” of fiscal policy, and promote the “effectiveness” and “management” of the market mechanism A “good” economy Order.