According to the latest data of the Ministry of finance, in the first three quarters, the national general public budget revenue was 16.4 trillion yuan, a year-on-year increase of 16.3%; The national general public budget expenditure was 17.93 trillion yuan, a year-on-year increase of 2.3%. Overall, the income continues to grow steadily, the expenditure in key areas is awesome, and the positive fiscal policy improves quality and efficiency, reflecting the sustained, stable and long-term recovery of our economy. "The year-on-year growth rate is in line with expectations, and the restorative growth of fiscal revenue is generally stable," said Liu Jinyun, director of the treasury payment center of the Ministry of finance. In the first three quarters, the national tax revenue was 14.07 trillion yuan, a year-on-year increase of 18.4%, an increase of 10.8% over the same period in 2019. "On the whole, the fiscal revenue in the first three quarters increased year-on-year, and the general public budget revenue of the central and local governments increased significantly, reflecting the good overall operation of China's national economy and strong economic development, driving the growth of fiscal revenue." Li Xuhong, director of the Institute of fiscal policy and application of Beijing National Institute of accounting, said that corporate income tax Direct taxes such as personal income tax have increased significantly, reflecting the development and growth of China's direct tax, which is conducive to strengthening the role of tax distribution and regulation and promoting the fairness of the tax system. The steady growth of fiscal revenue has provided strong support for ensuring and improving people's livelihood. In the first three quarters, the national general public budget expenditure was 17.93 trillion yuan, a year-on-year increase of 2.3%. In terms of central and local governments, central expenditure decreased by 1.6% year-on-year and local expenditure increased by 3% year-on-year. "On the whole, the fiscal expenditure in the first three quarters showed an increasing trend. When the central general public budget expenditure decreased year-on-year, it was mainly driven by the growth of local general public budget expenditure." Li Xuhong said that on the one hand, this reflects the central government's implementation of the requirements of "living too tight" and vigorously reducing non urgent and non rigid expenditure; On the other hand, thanks to the direct normalization of financial funds, grass-roots financial resources have been consolidated, effectively ensuring the people's livelihood at the grass-roots level. In terms of fiscal expenditure, key expenditures have been guaranteed, national fiscal expenditures such as "Three Guarantees" have increased rapidly, and expenditures on education, social security, employment and health have increased by 5.2%, 2.4% and 2.3% respectively. "The Ministry of finance has always regarded the grass-roots' Three Guarantees' as the top priority of budget arrangement." Li Dawei, deputy director of the budget department of the Ministry of finance, said that this year, we will continue to strengthen local transfer payments and issue awards and subsidies for the basic financial security mechanism at the county level, with a total of 337.9 billion yuan, a year-on-year increase of 13.4%. At the same time, all provincial financial departments are required to make rational use of the central reward and subsidy funds, strengthen the sinking of financial resources, further increase the transfer payment of "Three Guarantees" at the grass-roots level, and ensure that the basic livelihood and wage policies formulated by the state are implemented in place. In order to help market players recover and enhance their vitality, since this year, the Ministry of finance, together with relevant departments, has further optimized the tax reduction and fee reduction policies to improve the implementation effect. "The tax reduction and fee reduction policy introduced this year is expected to reduce the burden of market players by more than 700 billion yuan throughout the year," said Tan long, a first-class inspector of the tax administration department of the Ministry of finance. This year, China established and implemented a normalized direct financial fund mechanism, including 27 transfer payments into the direct scope, with a total fund of 2.8 trillion yuan. "In the past three quarters, the distribution and use of funds were generally good. The characteristics of" fast, accurate and strict "were prominent, and the effect of strengthening the grass-roots level, benefiting the people's livelihood and promoting development was obvious. It reflected the institutional advantages of the direct mechanism and provided timely and powerful financial support for the grass-roots level of cities and counties," Liu Jinyun said. The data show that on the whole, more than 97% of the direct funds have reached the grass-roots and user units, and all the qualified funds have been released. By the end of September, of the 2.8 trillion yuan of direct funds, the central government had issued 2.723 trillion yuan, accounting for 97.3%, and the funds that had not been issued were actually settled projects. The expenditure of various regions reached 2.132 trillion yuan, and the expenditure progress reached 78.3%, maintaining a high expenditure intensity. (outlook new era)