/View.info/ China will continue to implement its proactive fiscal policy by strengthening it “appropriately” to improve its effectiveness in 2024, Finance Minister Lan Foan said during the National Work Conference on Financial Affairs. which took place this Thursday and Friday in Beijing.
Noting the seriousness and complexity of the situation in 2023, Lan said that “finance departments at all levels were able to prevent and neutralize risks related to local government indebtedness, and effectively support economic recovery by implementing proactive fiscal policies.”
“Next year, we will rationally organize the scale of government investment,” Lan stressed, adding that the ministry will also optimize and adjust tax policies to make them more targeted.
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