The National Financial Work Conference was held in Beijing

Wallstreetcn
2024.12.24 04:05
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The National Financial Work Conference was held in Beijing from December 23 to 24, emphasizing that 2024 is a key year for achieving the "14th Five-Year Plan." The conference proposed to implement fiscal policies, promote high-quality development, support people's livelihoods and enterprises, prevent risks, deepen fiscal and tax system reforms, strengthen international financial cooperation, and fulfill the responsibility of comprehensively and strictly governing the Party

The meeting pointed out that 2024 is a key year for achieving the goals and tasks of the "14th Five-Year Plan." First, strengthen the implementation of both existing and incremental fiscal policies, boost efforts from both supply and demand sides, and accelerate the implementation progress. Second, solidly promote high-quality development, actively support the construction of a technology powerhouse, advance regional coordinated development, and support the fight against pollution. Third, actively support the handling of livelihood-related matters, assist enterprises in stabilizing and expanding jobs, promote high-quality development in education at all stages, and raise the national minimum standard for basic pensions for urban and rural residents. Encourage local governments to allocate financial resources to ensure the bottom line of the "three guarantees" at the grassroots level. Fourth, take greater efforts to prevent and resolve risks in key areas, advance the implementation of a package debt resolution plan, support the reform and transformation of financing platforms, and promote the stabilization of the real estate market. Fifth, deepen fiscal and tax system reform and financial management supervision, research and plan a new round of fiscal and tax system reform, and take the lead in piloting zero-based budgeting reform in the Ministry of Finance and 16 other central departments, as well as carry out special actions for financial supervision. Sixth, continuously strengthen international financial and economic exchanges and cooperation, actively participate in multilateral financial agendas, and serve the consensus reached by the leaders of China and the United States in economic and trade matters. Seventh, resolutely implement the political responsibility of comprehensively and strictly governing the Party.

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