Xuren: A step-by-step implementation of tax reform this year

The Ministry of Finance March 1 News, Treasury Secretary Xuren said in response to reporters that 2011 will be in some of the productive services sector in the field of value-added tax reform pilot, the corresponding reduction of business tax, from the system to gradually solve the problem of the tax policy of goods and services are not unified.　　We should improve the consumption tax system, implement the personal income tax reform in a step-by-step way, further promote the reform of the resource tax and carry out the reform pilot. Xuren said that in 2010 the national fiscal deficit accounted for about 2.5% of GDP, and the debt balance was less than 20% of GDP, and it was within safe limits. Structural tax cuts continued in 2011. To some small profit enterprises continue to implement preferential income tax policies. Implement tax incentives conducive to energy conservation, environmental protection and increased employment.　　To play the role of fiscal policy to stabilize prices and ensure the basic life of low-income groups. 2011 will also accelerate the construction of small-scale Water conservancy, a year ahead of the 2010-2012-year plan for the key small risk reservoir reinforcement task. We should increase the subsidy scale and improve the policy of agricultural subsidy for farmers. Steadily improve the minimum purchase price of wheat and rice. Elimination of grain production areas of food risk funds local matching, sound to the food (oil) County incentive policy. Strengthen the key energy-saving project construction, further increase the energy-saving products Huimin project implementation, expand the purchase of energy-saving and new energy vehicles subsidy range. Continue to promote and improve the emission rights paid use and trading pilot. (Zhu Yu)