Fiscal And Taxation Policies To Promote New Industrial Development In Shandong Province

The report of the 16^th National congress of the CPC pointed out "It is, therefore, necessary to persist in using IT to propel industrialization, which will, in turn, stimulate IT application, blazing a new trail to industrialization featuring high scientific and technological content, good economic returns, low resources consumption, little environmental pollution and a full display of advantages in human resources." In recent years, economic development of Shandong province has been fast and steady, especially, after carrying out developmental strategies such as "three highlights" ,economic structural adjustment has achieved a marked result and industrial development has sped up. But we should notice that recently industrialized resources, environment and social cost still much higher in Shandong province, which was disadvantageous to sustainable development and the construction of harmonious society. Therefore, how to deepen reform and change the industrial development to a new road to industrialization; how to appraise the level of a new road to industrialization of Shandong province at present in order to make horizontal comparison and modify developmental strategies in time, which was of great importance for the industrial development of Shandong province successfully and healthily.The paper included four chapters:The first chapter was introduction, mainly explained the discussed problem and relevant literature.The second chapter appraised the level of a new road to industrialization, mainly by constructing a index system of a new road to industrialization including industrial process index, economic returns index, scientific and technological information index, internationalization index and intensification index, the article made an appraisal of the industrial development of Shandong province, compared with other provinces and found comparative advantage and deficiencies of Shandong province.The third chapter analyzed the finance and tax environment of a new road to industrialization, basing on analyses on the finance and tax policies of a new road to industrialization which were carried out by Shandong province, the article explored the deficiencies of current finance and tax policies. Using international experience for the reference, we should found theoretical support and focus for next policy adjustment.The fourth chapter was policies and suggestions, that was, fiscal policy adjustment that promoted the development of a new road to industrialization. Shandong Province should propose the policy proposals as following: clearing the status of fiscal policy, establishing the revenue sharing system,increasing the support and strengthening the environment for the development of new-type industrialization.