The Third Session of the 14th National People's Congress held an economic theme press conference today (6th), and the heads of relevant departments answered questions from Chinese and foreign reporters on issues such as development and reform, fiscal budget, business, financial securities, etc.
Finance Minister Lan Foan said that this year's fiscal policy is more active, which can be understood as continuous efforts and more powerful. Among them, the deficit arrangement is more powerful. This year, the deficit ratio is arranged at about 4%, and the deficit scale reaches 5.66 trillion yuan, an increase of 1.6 trillion yuan over last year. The deficit level and deficit scale are both the highest in recent years, and the countercyclical adjustment efforts have been further strengthened.
