In hengyang in 2021, the Ministry of Finance will closely around "seek improvement in stability, steams ahead" goals, adhering to the party's leadership to the financial work, fully implement the party's 19 large and 19 all previous session as well as the central economic work conference in hengyang, hunan province, spirit, overcome difficult, give full play to the efficiency of financial capital, for hengyang solid financial guarantee for the sustainable and healthy development of economic society.

1, Supporting key areas of development. We will make solid progress in the development strategy of "one body, two wings" and make every effort to build a modern industrial city. We will increase government spending on science and technology, enhance enterprises' ability to innovate, and deepen the integration of enterprises, universities and research institutes. We will accelerate the transformation and upgrading of traditional manufacturing and the development and cultivation of emerging manufacturing industries, support the development of industrial agglomeration zones, and make 14 competitive industrial chains bigger and stronger. We will support the implementation of the "listing project" for leading enterprises and cultivate a number of industry leaders. We will accelerate the development and growth of new forms of business, such as the platform economy, the sharing economy, and the livestreaming economy. We will continue to promote the construction of railway ports, ensure the operation of China-Europe freight trains, support the high-quality development of Hengyang Comprehensive Bonded Area, and promote the development of an open economy. Give full play to the guiding role of industrial fund capital investment and financing guarantee to promote high-quality projects settled in Hengyang.

2, dig potential increase gather financial resources. We will continue to implement a proactive fiscal policy, resolutely implement all kinds of policies to cut taxes and fees, and stimulate the vitality of market entities and the potential of consumption. Comprehensive review and integration of various favorable policies for enterprises, strengthen policy publicity and policy guidance, and accurately serve enterprises. We will improve the mechanism for monitoring tax sources, pay close attention to the operation of key industries such as the manufacturing, financial, and real estate industries, monitor the increase or decrease of tax payments by key enterprises and changes in the number of tax source households, timely analyze the reasons for the increase or decrease, and ensure the maximum stability of tax source stocks. We will strengthen the collection and administration of land revenue, work with natural resources planning departments to develop urban areas, strengthen the fiscal initiative in adjusting the floor area ratio, paying late fees, balancing land occupation and compensation, and linking increases and decreases, so as to improve the quality of cities and increase fiscal revenue. We will establish a sound mechanism for tax protection and improve the quality of government revenue.

3, putting people first and improving people's lives. We will continue to put people first and ensure people's wellbeing. We will support the implementation of the rural revitalization strategy, effectively link poverty alleviation with rural revitalization, improve our capacity to guarantee grain and important agricultural and sideline products, and accelerate agricultural and rural modernization. We will continue to consolidate our achievements in pollution prevention and control, further promote the protection and improvement of the Xiangjiang River basin, and support the sorting and treatment of household garbage. We will implement employment and business startup policies and support key groups such as college graduates, demobilized military personnel, and rural migrant workers in finding jobs or starting businesses. We will promote the development of social programs, continue to increase spending on education, strengthen weak links in medical and health care, and establish and improve a financial guarantee mechanism for providing public cultural and sports services. We will implement policies to ensure people's wellbeing, support faster development of the old-age care service system, and constantly improve people's sense of fulfillment, happiness, and security.

4, standardize the use of benefit. We will implement the Budget Law and the Regulations for the Implementation of the Budget Law, accelerate the integration of fiscal budget management, and enhance the awareness and ability of financial departments to make overall budget arrangements and allocate funds in a unified way. We will resolutely implement the requirement to tighten our belts, continue to reduce general expenditures such as spending on official overseas visits, official vehicles, and official hospitality as well as non-urgently needed and non-rigid expenditures, continue to put available government funds to good use, and intensify efforts to review and recycle overseas loans. We will strengthen the implementation of budgets, speed up the pace of government expenditures, and strictly prohibit expenditures that exceed the budget or are arranged without it. We will intensify the management of budget performance evaluation, and improve the mechanism by which performance evaluation results are linked to budgetary arrangements and policy adjustments.

5, stick to the bottom line to prevent risks. We will establish a sound system for managing local government debt, properly balance the relationship between promoting development and preventing risks, and reduce outstanding debt in a prudent and orderly way. We will strengthen the source control of debt risks and establish a sound emergency prevention and control mechanism for debt repayment. We will continue to streamline and integrate platform companies, strengthen the assessment of their assets, revenues, profits and other indicators, improve their ability of sustainable development, and keep the bottom line of systemic debt risk. We will strengthen analysis and monitoring of fiscal operations, pay close attention to the performance of county-level government revenues and expenditures and the level of funds provided for Treasury funds, and continue to strengthen the review and verification of county-level budgets. We will ensure that county-level governments are responsible for ensuring their expenditures for ensuring, ensuring, and ensuring the safety of their finances.

Source: Ministry of Finance, PRC