Authoritative interpretation of deepening the reform of the fiscal and taxation system in the aspect ratio, clarifying 18 tasks in 4 major areas

Further clarify the content of deepening the reform of the fiscal and taxation system.
Recently, the People’s Publishing House published the Guidance Book of the CPC Central Committee’s Decision on Further Comprehensively Deepening Reform and Promoting Chinese path to modernization, in which Han Wenxiu, the deputy director of the Central Finance Office in charge of daily work, signed Deepening the Reform of the Fiscal and Tax System, explaining the three important meanings of deepening the reform of the fiscal and tax system in the great journey of promoting Chinese path to modernization, the five principles and requirements that need to be grasped in the reform, and the four key tasks in the future.
Han Wenxiu said that the current and future period is a critical period for comprehensively promoting the construction of a strong country and national rejuvenation with Chinese path to modernization. A scientific fiscal and taxation system is the institutional guarantee for optimizing resource allocation, maintaining market unity, promoting social equity, and achieving long-term stability of the country. Deepening the reform of the fiscal and taxation system is of great significance for comprehensively promoting Chinese path to modernization with high-quality development.
He believes that there are still some contradictions and problems in the operation of the financial and tax system, which need further reform and improvement. Future reforms require the correct handling of major relationships such as government and market, central and local, efficiency and fairness, global and local, long-term and current, to ensure that reforms always move in the right direction.
For example, when it comes to handling the relationship between the government and the market, Han Wenxiu said that tax reform should pay attention to the relationship between “taking” and “giving”, not only to prevent excessive tax burden and exhaustion, but also to avoid low tax burden, weak government regulation and public service guarantee, maintain appropriate fiscal absorption capacity and government revenue and expenditure scale, and ensure that fiscal and economic development always operates on a virtuous cycle track.