Chinese vice-premier stresses fiscal policy, 'three tough battles'


BEIJING - Chinese Vice-Premier Han Zheng has called for efforts to implement proactive fiscal policy and win the "three tough battles" of preventing financial risks, reducing poverty and tackling pollution.
Han, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks during an inspection of the Ministry of Finance on Thursday.
Han urged the ministry to better implement the proactive fiscal policy as well as measures to cut taxes and fees, and accelerate budget spending to ensure stable economic development.
Efforts should be taken to defuse risks from local government debt, enhance financial input in targeted poverty reduction and pollution control, and make the use of funds more efficient, he said.
The vice-premier stressed efforts to push forward supply-side structural reform, promote innovation-driven development and high-quality development as well as ensure people's livelihood.
The ministry should also move forward reform of the financial and taxation system, he said.
- China's 'medicine capital' company goes fully automated
- Beijing prosecutors helping errant minors to get back on track
- Copyright Society of China wins approval to be observer of world intellectual property body
- China sets sights on greener, smarter, and more globally connected maritime future
- Protected bird Chinese pond-heron spotted in Chongqing
- Lotus transform wetland park in Chongqing into canvas of pink and green hues