The Zhitong Finance App learned that on December 26, the Party Group Theory Study Center Group of the Ministry of Finance conducted a group study discussion on “thoroughly studying and understanding the spirit of the Fourth Plenary Session of the 20th CPC Central Committee and playing a positive role in fiscal policy”. The conference emphasized the need to adhere to high-quality development, implement active fiscal policies, continuously improve the effectiveness and accuracy of financial macro-control, support the expansion of domestic demand, help the development of new quality productivity, and promote a smooth economic cycle. We must insist on comprehensively deepening reforms, strengthen scientific financial management, and increase momentum and dynamism for development. We must adhere to the combination of an effective market and a promising government, grasp the boundaries of fiscal roles, focus financial resources on the public sector, and give full play to the decisive role of the market in resource allocation. We must adhere to integrated development and security, further establish risk awareness and bottom line thinking, continuously prevent and resolve local government debt risks, strengthen financial security in key areas such as important industries and major science and technology, and enhance financial sustainability and development security stability.

The Zhitong Finance App learned that on December 26, the Party Group Theory Study Center Group of the Ministry of Finance conducted a group study discussion on “thoroughly studying and understanding the spirit of the Fourth Plenary Session of the 20th CPC Central Committee and playing a positive role in fiscal policy”. The conference emphasized the need to adhere to high-quality development, implement active fiscal policies, continuously improve the effectiveness and accuracy of financial macro-control, support the expansion of domestic demand, help the development of new quality productivity, and promote a smooth economic cycle. We must insist on comprehensively deepening reforms, strengthen scientific financial management, and increase momentum and dynamism for development. We must adhere to the combination of an effective market and a promising government, grasp the boundaries of fiscal roles, focus financial resources on the public sector, and give full play to the decisive role of the market in resource allocation. We must adhere to integrated development and security, further establish risk awareness and bottom line thinking, continuously prevent and resolve local government debt risks, strengthen financial security in key areas such as important industries and major science and technology, and enhance financial sustainability and development security stability.