It is worth noting that the budget expenditure has been invested in **, which means that the future development direction is **. **10,000 Fans Incentive Plan
With its sensitivity to numbers, the national public budget expenditure has finally been separated, and the expenditure in 2024 is mainly divided into three parts:
1. **The expenditure at this level was 4,152 billion yuan, an increase of 86%, an increase of 03%。
2. The local general public budget expenditure was 24,347 billion yuan, an increase of 3 percent.
3. **The reserve fee is 50 billion yuan, which is the same as in 2023. This part of the money is set aside for special circumstances.
The sum of the above three figures is exactly the total public budget expenditure of 28,549 billion yuan mentioned in the news.
From the perspective of subdivision, key expenditures such as national defense, scientific and technological research, rural revitalization, and ecological and environmental protection have grown rigidly;
In addition, it has made up for the shortcomings of basic people's livelihood in the fields of pension, education, medical and health care, and continued to strengthen financial security; Promote the solution of the problem of unbalanced and insufficient development, support regional coordinated development, and strengthen the bottom line of the "three guarantees" at the grassroots level, and maintain a certain degree of transfer payment.
In accordance with the spirit of yesterday's speech, for future development, we must not only have a clear view of the general trend of development, but also grasp the changes in the environment and keep a clear head.
Based on the above background logic, we can summarize and analyze the main investment expenditure directions for 2024 as follows:
1.Support the acceleration of the construction of a modern industrial system.
* The special fund for the reengineering of the industrial base and the high-quality development of the manufacturing industry will be 10.4 billion yuan. Optimize the function of industrial investment, encourage the development of venture capital and equity investment, and make full use of market-oriented means to support the accelerated development of integrated circuits, a new generation of information technology and other industries.
The emphasis is placed on the new generation of information technology, which is currently supported not only by financial investment, but also by a host of tax incentives and insurance compensation policies.
2.Support the in-depth implementation of the strategy of rejuvenating the country through science and education.
* The science and technology expenditure at this level was 370.8 billion yuan, an increase of 10%.
* The education expenditure at the same level was 164.9 billion yuan, an increase of 5%.
* The expenditure on basic research at this level was 98 billion yuan, an increase of 131%。
In terms of basic education and scientific and technological development, the growth of expenditure has continued, and promoting high-level scientific and technological self-reliance and self-improvement has always been the country's shining strategy.
There are two main development directions, on the one hand, it is used to implement major national science and technology projects, and on the other hand, it is to promote the free opening of science and technology museums and the implementation of national scientific literacy actions, and strengthen the national science popularization capacity.
3.Support the expansion of domestic demand.
In the past few years, our country has been planning the construction of a unified national market, with the aim of promoting the steady growth of consumption. As one of the troika of GDP, consumption plays a vital role in driving economic growth.
After the issuance of additional treasury bonds in 2023, ultra-long-term special treasury bonds will be issued in 2024, both of which will be used around how domestic demand stimulates development, and cultivates and expands new consumption growth points in the fields of culture, tourism, education, health, and pension.
4.Support the protection and improvement of people's livelihood.
* 66.7 billion yuan of financial employment subsidy funds will be allocated to support local governments to improve their public employment service capacity.
The problem of finding a job after graduation that I have been concerned about before has also become a key study at the meeting: focus on the employment of key groups such as college graduates and migrant workers, and increase the assistance for people with employment difficulties. Support large-scale vocational skills training.
In addition, we will continue to raise the basic pension standard for retirees, and establish and improve the basic pension service fund guarantee mechanism in all localities. China is currently entering an aging society, and how to properly solve the pension problem in the next step is a very important research topic.
5.Support the comprehensive revitalization of rural areas.
* The scale of subsidy funds for promoting rural revitalization through fiscal convergence has increased to 177 billion yuan, and the proportion used for industrial development has remained stable overall.
After the battle against poverty, there is a new task, which is to guard the bottom line of not returning to poverty on a large scale. Many localities have begun post-transition assistance policies. The pilot policy for the overall planning and integration of agriculture-related funds in poverty alleviation counties will be optimized and adjusted to 160 key counties for rural revitalization.
In addition, there is an increase in the expenditure on agriculture-related subsidies. The subsidy arrangement for agricultural insurance premiums was 54.5 billion yuan, an increase of 187%。
6.Support urban-rural integration and coordinated regional development.
* 40 billion yuan of financial incentives for the urbanization of the agricultural transfer population.
Promote the improvement of the system for providing basic public services in the place of habitual residence. Support the implementation of urban renewal actions, strengthen the transformation of old urban communities, and promote the construction of affordable housing, the construction of public infrastructure for both ordinary and emergency purposes, and the transformation of urban villages.
This actually sets the tone for the future development direction of the real estate industry, although there is no re-mention of housing not speculation, but from the development direction can be seen that the previous era of commercial housing is gone.
7.Support the strengthening of the construction of ecological civilization.
The main purpose here is to promote pollution prevention and control, and to defend the blue sky, clear water, and pure land.
* The financial allocation of air pollution prevention and control funds is 34 billion yuan.
26.7 billion yuan was allocated for water pollution prevention and control.
4.4 billion yuan of special funds for soil pollution prevention and control.
4 billion yuan will be allocated for rural environmental improvement.
* The government has set up special subsidy funds and allocated 12 billion yuan to support the construction of the "Three Norths" project. At the same time, we will promote the development of renewable energy and clean energy, and accelerate the construction of a new energy system.
8.Support for defence, foreign affairs, and political and legal work.
This one has not been expanded, so I will not read too much.
Overall, the direction of fiscal expenditure in 2024 is to focus on promoting high-quality development, and moderately strengthen active fiscal policies: a combination of deficits, special bonds, ultra-long-term special treasury bonds, tax incentives, fiscal subsidies and other policy tools.