- 最后登录
- 2017-1-22
- 在线时间
- 52 小时
- 威望
- 119
- 金币
- 119
- 注册时间
- 2016-8-20
- 阅读权限
- 30
- 主题
- 10
- 精华
- 0
- 积分
- 171
- 帖子
- 10
该用户从未签到
|
Jia Kang: Never rush to start fiscal and monetary "Twin Pines" with
????????
Chinese economy's potential growth rate has been lower level, from 10% down to the range of around 7%, the new normal has clearly new, and often does not reach, that has not been completed bottomed stabilized.
??
Since the Third Plenary Session, a series of reform and innovation to open a new era of national liberation and modernization of the productive forces, the progressive reform but gradually became vested interest in the situation, too cumbersome.
?
Reforms in the vested interests of powerful obstacles
?
Securities Times reporter: Thirteen Five planning proposals mentioned, our country is still in development can accomplish a great deal of important strategic opportunities, but also face many contradictions superimposed potential risks increasing challenges. Do you think China's economic development, reform the situation facing what?
?
Jia Kang: After thirty years of reform and opening up, China's reform has entered the Sham Shui Po District, unprecedented resistance, all Pareto improvement formula only benefited no one but damaged reform issues have been done, now any term task of deepening the reform will face strong obstacles vested interests cured barriers formed, and the depth of reform has been mostly associated with interleaving, led by a body launched in the past to seek a breakthrough in the local force can change the global space has been significantly narrowed more greater challenge, is to build upon a comprehensive reform of the basic concept.
?
Present situation of our country, can be summed up in four sentences:
?
First, the development of gold and accompanied by prominent contradictions. Emboldened and huge potential market growth of economic development is still, whether big cities or small towns and many rural areas and the construction of the scene can be striking, impressive. Paradoxically constraints from resources and environmental constraints and contradictions from interpersonal relationships, it is becoming increasingly evident,cappelli obey, aggressive.
?
Second factor downstream and upstream factors in hedging. Chinese economy's potential growth rate has been lower level,basket nike air max, from 10% down to the range of around 7%, the new normal has clearly new, and often does not reach, that has not been completed bottomed stabilized.
?
Third, efforts to deepen reform and vested interests resistance phase game. Since the Third Plenary Session, a series of reform and innovation to open a new era of national liberation and modernization of the productive forces, the progressive reform but gradually became vested interest in the situation, unwieldy, though after 90 years to deepen reform, accelerate the transformation since the last century all the way He stressed that to date,?air max, but before the interests of the cured barriers struggling.
?
Thirteen Five Four is a challenge under the opportunities the situation and accept the test of reform and a new starting point and continue making strides to keep up with the critical period for the times to lead the new normality. Since the key to the pursuit of sustainable growth and modernization in the great rejuvenation of the nation is to further liberate the productive forces, inclusive development under modern governance, the power to bring innovation-driven transition to supply-side structural optimization of supply and system supply more effective support upgrade by quality, resolve conflicts, risks and potential problems will be qualified to determine whether we can meet the challenges and grasp the opportunity of a key move.
?
Fiscal and monetary policy in the two total control and structural control, demand management and supply management focuses on mutual complementary advantages, while strengthening the overall need more consideration and optimization of the supply-side management.
?
Never rush to start with loose fiscal and monetary bis
?
Securities Times reporter: Thirteen Five planning recommendations stressed the need to enhance the coordination of fiscal and monetary policy. What connotation there is coordination,magasin louboutin paris pas cher? What is the difference with consistency?
?
Jia Kang: coordination is not consistent, richer meaning. Fiscal and monetary policy under the new normal, the service must be based on the global efforts to promote stability and improve the basic quality of the national economy and accelerate the development pattern, steady growth, adjusting structure, promoting reform, benefit people's livelihood in the short term and regulation and long-term annual target to achieve a comprehensive reform of one of five link up.
?
Securities Times reporter: In practice, how to grasp the coordination of fiscal and monetary policy?
?
Jia Kang: fiscal, monetary optimization of the two policies, to consider at least grasp the following three points:
?
First, the two frame match policy coordination, we must unswervingly implement the full functioning of the market regulation philosophy. Insofar as macroeconomic status in the acceptable range, and never rashly start of fiscal and monetary policy of the two Twin Pines match. In the current proactive fiscal policy and prudent monetary policy to make a loose a tight match, regulation needs to adapt to the new normal on the whole, beneficial to the economy,escarpins louboutin, employment rate levels acceptable bottom line, let the market play a better survival of the fittest, adjust resource structure configured decisive action to accelerate the transformation of development mode. As long as the economy does not appear likely to puncture the bottom line of the major feature changes, which will not be easily changed.
?
Second, the two policies in total control and structural control, demand management and supply management focuses on mutual complementary advantages, while strengthening the overall need more consideration and optimization of the supply-side management. Adjustment of monetary policy is usually bound with a total adjustment feature, while fiscal policy coordination, when coordinate monetary policy, should total at this stage of the expansion (in size of the deficit and debt arrangements represented) with a clear distinction structure-oriented policies combined with focused, taking into account other in the field of taxation policy instruments inclined to support agriculture, social security, small and micro enterprises,hogan lovells italy, science and innovation, education and culture, strategic emerging industries. Fiscal and financial policy coordination mechanisms to support and finance development finance development, supply management framework should also put in full effect. Better supply side force, combined with China's national conditions and contribute to a particular stage of development in the new normal from the protection of housing construction, small and micro enterprise support entrepreneurship, environmental protection and industrial development, the construction of major projects such as a series of efficient investment and steady growth, excellent construction, ecological protection, benefits people's livelihood important matters of risk prevention do real well.
?
Third, the design and operation of the two policies must serve actively and effectively to meet in advance to start the reform of taxation and finance, and deepened. Fiscal reform is referred to as a comprehensive deepening reform of 2014, the first year of the first to start the main event, will be launched in three major aspects of budget management, taxation system and local institutional relationship between the central series of initiatives will also be transparency in financial information, multi-year budgeting, performance improvement funds,hogan online, transfer payments, terms of local debt, particularly tax reform and the relationship between central and local distribution and generate many new system supply to match supply and demand new policies. Some important issues of financial reform, such as the deposit insurance system and the medium-sized financial institutions, the RMB exchange rate mechanism and optimization go out, especially in the key interest rate market-oriented reforms, which also have put on the reform agenda, the need for policy cooperation. Two policies but also in bonds issued by Reformation, the Ministry of aspects of innovation mechanism of open market operations, treasury and cash management combined. Financial support to policy-oriented bus reform, judicial reform,louboutin boutique, price reform of resource products, etc., is also an important task can not be avoided. Design and optimization policy requires service reform, reform resides.
?
On personal income tax, specifically during the year to accelerate the research program, start a new round of personal income tax law amendments when conditions are ripe.
?
Fiscal reform still faces
Three major tasks
?
Securities Times reporter: deepen fiscal and tax reform is led by a body launched a tough, comprehensively deepen reforms also highlight the first to start the first year, the plan recommends Thirteen Five mentioned the establishment of a modern financial system, establish a new system of taxation again, establish powers and expenditure responsibilities to adapt the system to further rationalize the central and local income division. There are still areas which focus on fiscal reform is not completed, the difficulties in where?
?
Jia Kang: fiscal reform to continue to deepen the current reform is still faced with three major tasks:
?
The first is the budget reform. Budget openness, transparency significantly improved. Transparency is the state of modern society to a democratic rule of law, institution building entry point. It also requires a complete full-caliber budget that all government financial resources must go into the budget system, we are not allowed to have the concept of extra-budgetary funds. Form within a reasonable budget system, including the general public the budget, capital budget,nike huarache free 2012, social security budget, and the like to enter the land leasing revenue fund budget, the system has clarity. In the medium-term budget reform plan must be prepared in 2015, the central level of the budget need to develop three years, called a rolling three-year budget. There are some technical support, such as the introduction of accrual required, all levels of government must prepare a balance sheet and so on.
?
The second is the tax reform, tax reform highlight six: now advancing reform camp changed to increase, according to the schedule in 2015 to fight for full coverage of the proceeds after deduction chain China to fully open up the market, in order to facilitate business specialization subdivision, fair competition, also with the structural tax cuts to promote the upgrading of the Chinese economy to create an upgraded version; resource tax reform should continue to promote the ad valorem mechanism, in addition to a regulatory role, the local government will also form an important source of revenue ; consumption tax reform is expected to take important steps, in addition to optimize the design, we will also consider the imposition push links from production to sales, so that the consumption tax to give local government some weighty financial sources; to speed up the real estate tax legislation and timely promoting reform, and promote environmental tax reform with the first phase focusing on environmental tax reform. These two tax reform is the first to complete the legislative process ahead of the legislative process we can wait and see; in addition, with regard to personal income tax, specifically during the year to accelerate the research program, start a new round of personal income tax law amendments when conditions are ripe.
?
Third, fiscal reform task involving central and local governments on how to rationalize the relationship between powers and financial relations of distribution. For example, suitable for the powers of rationalization of the tax base and earnings, financial aspects of grading system to optimize revenue-sharing basis, it is a very important matter. Powers aspects, involving an investment of over how the formation of clearly defined between the central and local governments, also relates to the jurisdiction of how to pilot adjusted systematic, which has been in the process of reform.
?
Is not possible to consider a more relaxed, single-parent families buckle first suite, two-parent families buckle two suites, suites start from the third levy?
?
Real estate tax legislation first
Is one step closer
?
Securities Times reporter: Recently you have mentioned several times the property tax, the current controversy about the existence of property tax What are the main? What policy do you think the earliest possible time to introduce?
?
Jia Kang: property tax concept China now focused on the central file called accelerate real estate tax legislation and timely reform. Owning housing in China had no tax, reform and opening up the process of the emergence of the trend from scratch, for example, in 2011, Chongqing and Shanghai became the first property tax reform pilot cities. In fact, as early as ten years ago we started the real estate tax reform, but was in a file called property tax.
?
In reality, the intense debate on the real estate tax to generate a variety of different views:
?
The first approach is to tax is averse, opposed, talking about property taxes or property taxes will not be accepted. I think it is natural that any economies widespread public sentiment would tend to this, but tell the truth, it is not possible to reach a rational level of modern society. Simply put, though we know that such an attitude is very influential,peuterey donna, but we're not through discussions to seek to reach conclusion.
?
The second approach is the need to be someone on the recognition that the tax can be logically demonstrated the need for it,hogan outlet, but to implement, there must be a series of conditions. China's government revenue after take how to use? Used well or not? People now know, transparency is very low, there are a lot of problems, including corruption, and so on, the problems involved with, these things are not resolved, this tax is not imposed preconditions. This side of ideas, which is very reasonable, but the process back to real life, which in turn may come to an idealized extremes: China to achieve very high levels of sound market, political Qingming, perfect in all aspects of their duties at Government high performance to the introduction of real estate tax? This is still a need to further discuss the problem.
?
A third approach is to emphasize the necessity though this tax, but be very careful, have carefully into a lot of the actual impact of the management system of people, followed behind subtext is to say: it down mop, mop as well . Words carefully, real delays inside this reason I put it bluntly, their own feelings and some of the officials is not relevant. Our many officials within the system, he usually does not say it, but in fact he and his family members, how the hands suites, not to say that these are the normal means by non-come, may be due to various historical reasons , such as local officials often after the original allocation of housing commercialization, had the opportunity to engage in financing housing, nominally personal money, in fact,hogan scontate, we symbolically a little money after the house is built in accordance with the level of distribution such department or bureau level can be assigned to more than 200 square meters of the house, which he vested interests, once incorporated into future prospects, a number of suites with luxury, good man of the house to pay higher taxes, then there is not another side humanity must inevitably drawn into the utilitarian considerations. In this regard I think if more people out of the public mind, you can make a rational discussion: the issue of such vested interests, how to digest.
?
In addition there is a fourth approach is a recognition of this tax is necessary, and that China should seek a more convenient treatment options, mutatis mutandis, the United States is the specific operation of the program, the general levy. The general public can not hear this opinion, under discussion, I really heard, or influential researchers, scholars advocated. I do not agree with this, although I have always held the attitude that this tax is considered a market economy in China to establish a modern tax system into the modern society,basket louboutin, it is imperative, but copying the American model, but generally impose no way out, because such a social reform program will not accept, will destroy this reform. So it comes to this fourth, it is also an over-idealistic attitude, but to the other extreme idealization idealization not feasible.
?
The fifth approach is to be honest about the direction of tax reform can not be avoided, the need for it is obvious that the positive effect is worth the wait. But we can not copy the US model of universal levy, the key is to consider how to design a socially acceptable first deduction units, number of square meters per capita deduction exempt from tax in China? Technically there is no problem, but in the future to implement socially acceptable not to accept? This is a program idea. Another option is to consider a program in front of the situation may appear legitimate but unreasonable, and can not be more lenient? Simply put the first suite deducted. But after the first suite deducted more relaxed, easily lead to another kind of unfairness: the first suite some are more than 40 square meters, some 400 square meters, how was placed flat? Even so, others say it will stimulate China's tide of divorce; if two people leave their parents divorce, each set of rooms, suites do not pay taxes to the first approach, in fact, become the two family suites do not have to pay. Alternatives how to do? Is not possible to consider a more relaxed, single-parent families buckle first suite, two-parent families buckle two suites, suites start from the third levy? Pan Shiyi influential real estate sector developers also said the approach he advocated from the beginning of the third suite property tax levy. Various opinions,basket air max, and finally there must be a program designed to identify inside the implementation of the program. Then this is the next step through legislation to solve the problem. In the fierce debate inside, we are now looking at the original seems far this tax, is one step closer in China.
?
PPP form a common supply works in different subjects cooperation,adidas hike slippers, improve performance through internal mechanisms, governments, businesses, professional organizations together will bring 1 + 1 + 1 & gt; 3, good results.
?
PPP solve
Effective underinvestment problem
?
Securities Times reporter: Thirteen Five mentioned planning proposals, innovation in public service delivery can be provided by the government and the cooperation of social capital, attract social capital to participate in a wide range. This is the current hot PPP mode, you can solve the problem that PPP efficient investment problem?
?
Jia Kang: The current major problems in China in the field of investment and growth is actually not the total amount, but the structure, quality and comprehensive benefits. In the clever mechanism based on the optimization, intelligent and effective investment decisions and behavior in the present and the future period of time it has a very important core meaning. Such an effective investment can unleash the potential to increase the effective supply will help steady growth, excellent structure, protecting ecological environment, improve people, risk prevention.
?
Hedge economic downward pressure, the central government has particular emphasis on increasing effective investment, PPP projects have this natural feature. Over the past that only government public works building their own formula to solve alone, and now private capital into the community,escarpin louboutin, business and civil society to work with government financial strength outside of government, government departments put their money funds as a starter, pull social capital to form a win-win type of cooperation is supplied, which is PPP.
?
PPP investment to bring a new level, giving investors significant opportunities for development. It requests the Government should give better play to the overall allocation of resources supporting role. PPP form a common supply works in different subjects cooperation, improve performance through internal mechanisms, governments, businesses, professional organizations together will bring 1 + 1 + 1 & gt; 3, good results.
?
Securities Times reporter: the case of PPP present specific advance how? What are the challenges?
?
Jia Kang: For hot nowadays PPP, government enterprises cold hot argument has obvious bias, and now more and more companies are very positive, the proportion of traded items on the rise. The current list of demonstration projects have come out the second batch of the Ministry of Finance, the country has more than 200.
?
It is understood that the project will of landing more and more, but the overall dish which can fall much? Increase the proportion of the need to overcome two obstacles: The first obstacle is the legal system is not complete, management should as soon as possible to form a black and white full set of processes specifications, system rules; second is professional quality is not enough, need to do a professional force risk prevention and control.
?
Editor's note: eighth session of the Fifth Plenary Session adopted the "Recommendation thirteenth five-year plan of the CPC Central Committee on National Economic and Social Development", document the completion of China's economic development, 13 five times with a programmatic sense. Thirteen Five days were China building a moderately prosperous society of decisive phase, requirements planning proposals to improve development philosophy, we must firmly establish innovation,adidas superstar, coordination, green, open, shared development concept.
?
Recently,hogan interactive shop online, the Securities Times reporter interviewed a member of the Securities Committee of Experts Times, to 13 in the five-year plan recommends a comprehensive in-depth interpretation, including many aspects of China's economic development power conversion, financial regulatory reform, tax reform and so on.
?
Report (Micro Signal: ifengxbg) Phoenix FINANCE heavy build macroeconomic analysis of reading sections, the most forward-looking, the most authoritative analysis to help you grasp the investment trend.
?
????
????
相关的主题文章：
http://www.associationflainoise.fr/spip.php?article83/
http://store.shopping.yahoo.co.jp/ebest-dvd/0000001111143.html
http://www.alljewelry.jp
http://sportsfan.jpn.org/cgi-kban/sunbbs.cgi?mode=form&no=101&page=1ition
http://store.shopping.yahoo.co.jp/ebest-dvd/0000001114305.html
http://kesennuma-yeg.com/diary/diary.cgi
http://www.vaswim.org/cgi-bin/rcalc.cgi
http://www.sgem.org/sgemlib/spip.php?article6635 |
|
浙公网安备 33010602000859号
QQ空间
腾讯微博
腾讯朋友
收藏