Ministry of Finance: The growth rate of fiscal revenue is expected to slow down in 2019

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 Ministry of Finance: The growth rate of fiscal revenue is expected to slow down in 2019


Li Dawei introduced that, from the perspective of 2019, the external environment of Chinas economic development is more complex, uncertain and risky. However, with the deepening of structural reform on the supply side, the deepening of reform in key and difficult areas, and the synergy of active fiscal policy and sound monetary policy, Chinas long-term economic situation will not change. In 2019, China will be able to maintain its economic operation in the future. Reasonable interval will provide strong support for fiscal revenue growth.

At the same time, in 2019, in accordance with the decision-making and deployment of the Central Committee of the Party and the State Council, the financial departments will implement the tax reduction and fee reduction policies in an all-round way, while speeding up the implementation of larger-scale tax reduction and more obvious fee reduction, which will effectively stimulate market vitality and further reduce the cost burden of enterprises, at the same time, it will also affect fiscal revenue growth accordingly. In all respects, the growth rate of fiscal revenue is expected to slow down in 2019.

Source: Yang Yi_NBJ10647, Responsible Editor of Beijing Newspaper