Original title: the Ministry of Finance answers every question: promote the preparatory work of ultra-long-term special treasury bonds

Every reporter Li Xuanzhang, every editor Chen Xing

On April 22, the State Information Office held a press conference to introduce the fiscal revenue and expenditure in the first quarter of 2024.

Wang Dongwei, vice minister of the Ministry of Finance, said that in the first quarter, the national general public budget revenue was 6.0877 trillion yuan, down 2% from the same period last year.Wadersformen.3%. After deducting the influence of special factors, there is a comparable growth of 2.WadersformenAround .2%, continuing the trend of restorative growth.

In the first quarter, national general public budget expenditure increased by 2.9% compared with the same period last year. Among the main areas of expenditure, expenditure on social security and employment totaled 1.2708 trillion yuan, an increase of 3.7%.WadersformenExpenditure on education totaled 1.0436 trillion yuan, an increase of 2.5 percent.

Xinhua News Agency

According to the government work report, it is planned to issue ultra-long-term special treasury bonds for several consecutive years starting from this year, specifically for the implementation of major national strategies and security capacity building in key areas, with an initial issue of 1 trillion yuan this year. What work has the Ministry of Finance done in the issuance of ultra-long-term special treasury bonds? What's the next step?

In response to the above question from the Daily Economic News, Wang Jianfan, director of the Budget Department of the Ministry of Finance, said that with the examination and approval of the National people's Congress, the Ministry of Finance has incorporated the income and expenditure of ultra-long-term special treasury bonds for 2024 into the 2024 budget. At the same time, we will solidly promote the preparatory work for ultra-long-term special treasury bonds, and actively participate in the formulation of action plans to support the country's major strategies and security capacity-building in key areas.

Reasonably arrange the rhythm of issuing treasury bonds

Wang Jianfan said: in the next step, the Ministry of Finance will continue to do a good job in implementation and cooperate closely with relevant parties to do a good job in all kinds of work.

First, according to the distribution of ultra-long-term special treasury bonds, the issuance of ultra-long-term special treasury bonds should be launched in a timely manner. In the light of the demand of the bond market and the implementation cycle of the construction project corresponding to the ultra-long-term special treasury bonds, the time limit for issuing varieties will be scientifically designed to achieve a reasonable match with the project deadline. At the same time, we should co-ordinate the issuance of general treasury bonds and special treasury bonds, reasonably arrange the pace of issuance, and effectively guarantee the capital needs of special treasury bonds projects.

The second is to strengthen the overall planning of central and local funds, stock and incremental funds, form a joint force with ultra-long-term special treasury bonds, and improve the overall efficiency of funds.

Third, combined with the reality of ultra-long-term special treasury bonds, we should study and establish a regulatory mechanism to strengthen supervision over the whole process of the allocation, release and use of funds, so as to ensure standardized, safe and efficient use.

Promote the development and growth of digital economy

In the first quarter of this year, the central government introduced some policy measures to support the new momentum of economic growth. Wang Dongwei said that the first is to focus on supporting the high-quality development of the manufacturing industry. Centering on vigorously promoting the construction of a modern industrial system and speeding up the development of new-quality productive forces, the central government has allocated special funds for the manufacturing sector to support the accelerated promotion of key technologies and key industries. We will promote the great-leap-forward development of a new generation of information technology, high-end equipment, new materials and other industries. In the near future, together with the Ministry of Industry and Information Technology and other departments, we will implement a new round of "specialized and innovative" financial support policies for small and medium-sized enterprises to cultivate more "supporting experts" in key links of the industrial chain.WadersformenStart the pilot work in cities for new technological transformation of manufacturing industries, and allocate 3 billion yuan in 2024 to support the first batch of 20 or so pilot cities to upgrade the manufacturing industry to a high-end, intelligent and green level.

Second, efforts should be made to promote the development and growth of the digital economy. The central government focuses on the key links of the digital economy to provide support, including supporting the construction of digital infrastructure, cultivating industrial Internet platforms, promoting the digital transformation of small and medium-sized enterprises, and promoting the deep integration of the digital economy and the real economy. In the first quarter, the added value of information transmission, software and information technology services grew by 13.7%.

In 2023, 3 billion yuan will be allocated to support 30 pilot cities for the digital transformation of small and medium-sized enterprises, so as to solve the problems faced by small and medium-sized enterprises. Another 3 billion yuan will be allocated this year to support the expansion of the pilot project.

In the next step, together with relevant departments, we will launch the work of digital transformation and upgrading of transport infrastructure to support the digital transformation of a number of busy national highways, ordinary national highways and high-grade waterways.

Third, efforts should be made to expand and promote domestic demand. We will do a good job in combining fiscal and taxation policies and support the implementation of actions to promote large-scale upgrading of equipment and trade-in of consumer goods. Centering on the direction of upgrading household consumption, we will co-ordinate stock policies and new policies, adhere to the linkage between central finance and local governments, actively promote the trade-in of cars, home appliances and other consumer durable goods, and cultivate new consumption growth points. we will support the implementation of county-level commercial construction and the construction of a modern trade circulation system, and raise the level of consumer service security. "in the near future, we will also work with relevant departments to implement county recharging facilities to make up for deficiencies. This year, we will support about 70 pilot counties in 24 provinces to tap the consumption potential of new energy vehicles in rural areas."

Fourth, efforts should be made to improve the quality and efficiency of infrastructure. We will make overall use of policy tools such as the issuance of additional treasury bonds, local government special bonds, investment in the central budget, and car purchase tax funds to promote the construction of key areas and major projects.