Special Report: 17th CPC National
Congress
BEIJING, Oct. 16.
(Xinhua) -- Minister of Finance Xie Xuren said here Tuesday China will continue
adopting prudent fiscal policy in the foreseeable future and keep the size of
deficits and treasury bonds at sound levels.
Xie, who is a delegate to the ongoing 17th National
Congress of the Communist Party of China (CPC), told Xinhua that the government
will coordinate the fiscal policy with monetary policy, in a drive to strengthen
and improve macroeconomic management.
With the Scientific Outlook on Development, Xie said,
the Ministry of Finance will implement policy incentives to encourage innovative
companies and increase state investment in research and development in key
national labs.
The financial and taxation branches of the government
have to build and improve the fiscal and taxation institution which supports a
resources-efficient and environment-friendly economy, Xie said.
