The Study Of Fiscal Policy For Economic Growth

Economic growth is a prerequisite for China's great rejuvenation.If no economic growth, there will be no long-term prosperity and stability in our country, will be no wealthy people and strong country. Economic growth is the cornerstone which is to implement the scientific concept of development and build a socialist harmonious society and realize the goal of building a moderately prosperous society in our county. It is the economic work goals that to maintain stable and rapid economic development over the years in China. This is because economic growth is related to all aspects of economic and social problems.so, it has a special relevance to achieve moderate economic growth for the 1.3 billion people and the society is in transition for our country. A wide range of fiscal policy is often taken in order to achieve maintain moderate economic growth in China.However, it has a different theory that how to maintain a country's sustained and rapid economic growth. However, economists generally accepted that the scientific and technological progress is the driving force for economic growth. Although the determinant impact for economic growth is the technological progress, but in a specific condition, a good industrial structure and the industrial chain also can be effective in promoting technological progress and social production stability and balanced growth. Then the Government can provide guidance by fiscal policy and other means and in accordance with national development strategies, to affect economic growth and let industrial structure and industrial chains scientific can be rational configuration. The industrial structure and the industry chain configuration is not only to consider each other's industry structure have a reasonable proportion between the allocation of industries but also be considered a reasonable allocation between in the region. The aim is to have the benefit of national industrial upgrading and coordinated arid comprehensive scientific development; the development of one industry is useful to other industries development. It is meaning that one industry develop has the contribution for other industries. It is beneficial to economic the long-term sustained and stable growth and reduce economic fluctuations. That can be make economic growth long time.The first part of the article summarizes the formulation of economists, given the basic concepts of economic growth. And divided economic growth into short-term growth and long-term growth, short-term growth is usually non-balanced growth, such as the stimulation of economic policy during the crisis, the main consideration is not consider the question of balance that is usually expanding the demand for the growth out of the crisis. The long-term growth refers to economic growth model which is under the constraints of various elements for balanced growth, the growth rate is generally more stable. The article taking into the basic functions of the fiscal policy, fiscal policy is divided into short-term and long-term fiscal policy. Short-term policy is to change economic difficulties, long-term policy is to change the industrial structure. According to various theories of economic growth to economic growth is divided into short-term economic growth theory and the long-term economic growth theory, the short-term growth theory is mainly Keynesian economic theory, long-term economic growth theory, including the business-cycle theory and new economic theory. The article from their respective and policy objectives and policy effects is to be found quite different. The article analysis the fiscal policy measures for the short-term economic growth theory and the long-term economic growth theory based on the above.The second part of the article is China's economic growth analysis. The article reviews the reform and opening up. The article analyses the major fluctuations economic cycle since the reform and opening up of China. The article sum up the main fiscal policy from reform and opening up,and analyses since the reform and opening up the fiscal policy for the economic growth. The article also analyzes the basic characteristics of economic growth and analyzes the relationship between economic growth and economic growth theory.The third part of the article analyses the economic growth and fiscal policy. I can say that is relationship between long-term economic growth and industrial structure by analyzing the relationship between economic growth and industrial structure. An excellent industrial and industrial chain is better for the long-term economic growth. Fiscal policy can be divided into short-term fiscal policy and long-term fiscal policy. Short-term policy if use the opportunity to achieve industrial upgrading which is a focus on long-term fiscal policy; if it is through investment in the manufacturing of effective demand which is the short-term fiscal policy. Long-term fiscal policy is mainly to adjust the industrial structure, to achieve industrial upgrading and promote long-term economic growth.The article is mainly for dynamic industrial policy,which is from long-term economic growth put forward a long-term dynamic adjustment for industrial structure and the requirements of scientific and technological advances.IF the short-term external shocks is considered to enhance that is the opportunity to upgrade the industrial structure.If the short-term economic fluctuations is internal structure for the resulting that also is taken to readjust the industrial structure to achieve economic adjustment. However, there are a lot of deficiencies in the article. First, the adjustment of industrial structure need the government participation.So it is the problem that the efficiency of government, which in reality is very difficult to achieve. Second, due to the author have limited resources, there is no strong argument can be listed.I hope that the teachers can give criticism and guidance. Finally, I hope it can have a value for the long-term economic growth policy-makers.