Since this year, China has introduced fiscal policies such as tax cuts and fee cuts, new local special debt, and optimization of fiscal expenditure, providing support for stabilizing the economic Political base. Several experts have stated that, while balancing fiscal sustainability, fiscal policies will continue to increase efficiency in the second half of the year, focusing on expanding domestic demand and promoting sustained economic recovery. In terms of policy operation, it is necessary to be more precise and effective, grasp the focus, intensity, rhythm, and timing of fiscal policy regulation, further improve the policy implementation mechanism, enhance the pertinence, foresight, and flexibility of regulation, better leverage policy effectiveness, and strive to achieve the annual economic and social development goals.
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