Fiscal Policy Choice Of China Under The Current Economic Situation

The international financial crisis of 2007 from America had a significant impact on China's macro-economic operation, the government launched a new round of proactive fiscal policy, the central government to increase government investment in large-scale implementation of a two-year total of 4 trillion yuan investment in program, in which the central government to be added 1.18 trillion yuan to expand domestic demand, the initial implementation of these policies have achieved good results. Today, the financial crisis on China's economy has been reduced, but not completely eliminated. Therefore, China needs to continue to implement the proactive fiscal policy.This article based on this background of global financial crisis and China's proactive fiscal policy, in dealing with fiscal policy theory, combing our fiscal policies over the years, study abroad, learn from the countries concerned on the basis of experience in fiscal policy, analysis of China's current macro-economic Running the situation, on the direction of China's fiscal policy has made a number of policy recommendations.This paper believes that our country should continue to implement the proactive fiscal policy, the main focus as follows: 1, take many measures in order to expand consumer spending ;2, the government investment guide and expand private investment ;3, expenditure slopes to the people's livelihood , security and improved livelihood ;4 improve relevant tax policies and expand export taxes on foreign trade ;5, coordinate with other policy measures and adopt a liberal monetary policy, strengthen the economic restructuring,and promote economic development means change. In these policy measures, we will focus on boosting consumer in particular the consumer is the current and future a long period of fiscal policy focus.