Lan Fu'an: Innovatively establish fiscal and financial synergy to promote domestic demand policy tools to seize the key of consumer spending and private investment.
On March 6, at the Economic Themed Press Conference of the Fourth Session of the Fourteenth National People's Congress, Minister of Finance Lao Fa'an stated that this year, innovative policy tools have been established to promote domestic demand through financial and fiscal coordination. The key is to focus on resident consumption and private investment, design a mechanism, leverage the respective advantages of fiscal, financial, industrial, and other policies, organically combine and coordinate them, drive financial liquidity and large-scale social capital towards consumption and the real economy, further amplify the multiplier effect of fiscal funds.
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