Economic sector reform industry hopes land finance hot spot accelerates essay

Mense Bulletin Summary: to adhere to and improve the basic economic system, promote the administrative system reform, speed up the reform of the financial system, deepen the reform of the finance system, and deepen the price of resource products and factors market reforms ... "The reform of taxation system is a very important issue in the next stage." "Liu Yuanchun, deputy dean of the University of Economics, told the first financial daily reporter," At present, China is facing a lot of deep-seated problems lies in the fiscal system, such as local land finance, local government to GDP for all the standard development model, local financing platform risk, and so on, the root causes of these problems, Is that local authority and financial authority are not unified. Liu Yuanchun that if the local financial authority and powers can not match, it will bring great impact on the future economic development.　　And the financial system reform, its depth and difficulty, no less than the tax-sharing reform, will become an important part of our financial system reform.　　In this respect, CITIC Investment Securities Institute macroeconomic analyst Xiamingren also agreed, he pointed out that the next step of the financial system reform may focus on two parts, part of the increase in the level of fiscal expenditure, the central and provincial spending range, on the other hand, reform of the resources tax and other taxes, increase local tax. China's financial Policy report, published recently by the Institute of Finance and financing of the Chinese Academy of Social Sciences, pointed out that the fiscal system was necessary to launch a subversive reform of the fiscal system during the "Twelve-Five" period.　　It can be considered as the basic principle of reconstructing the financial system pattern to match the fiscal power, financial resources and power. The report recommends that tax refunds should be abolished and that local financial resources be integrated and addressed through the restructuring of general transfer payments and special transfer payments systems. Decisions on general transfer payments and special transfer payments should be made more transparent on the basis of normative mechanisms.　　While steadily advancing the reform of the financial system of the provincial government, we should realize the standardized management of local debt financing. In addition, in the financial sector, Liu Yuanchun that the exchange rate system reform and foreign exchange management reform will be in the "Twelve-Five" period to be improved.