Economic Daily: Achieving a virtuous interaction between increased fiscal revenue and economic development

Recently released financial data shows that in the first 7 months of this year, the total national general public budget revenue was 13.5839 trillion yuan, an increase of 0.1%, marking the first positive growth since the beginning of the year. Among them, the growth rate of national general public budget revenue in July was the highest so far this year. The first positive growth in cumulative fiscal revenue is backed by the strong support of the steady and progressive development trend of the economy. To maintain the momentum of recovering fiscal revenue growth, we need to continue to focus on stabilizing employment, stabilizing enterprises, stabilizing the market, and stabilizing expectations, in order to promote the economy towards a better recovery. Implementing a more proactive fiscal policy, fully leveraging policy effects, will inject strong momentum into economic development.