Research On The Fiscal And Taxation Policy For Promoting The Development Of Building Energy Saving

Building energy saving and industrial energy saving and transportation energy saving form the three key energy-saving fields, they are of great significance in effectively promoting China’s energy saving work. At present, China’s introduction of energy-saving economic incentive policies mainly focused in the field of industrial energy aspect which achieved fairly good results. Government engaged in promoting building energy saving mainly by enforcing administrative regulations and other measures without introducing economic incentive policies. As one of main levers of government regulation of economic and social operation, it has become an task of emergence for fiscal policy to be studied and put forward in order to mobilize the enthusiasm of the market players to actively participate in building energy saving efforts.The externality possessed by building energy saving makes the contradiction between capital needs and the rapid development of building energy saving increasingly severe. According to practical experiences from mature market economies, market-based economic incentives is an effective way to effectively promote energy conservation. This paper made some theoretical explorations in designing and improving building energy saving related fiscal policies. Based on theory of externality, this paper examined the efficiency of financial and taxation means in promoting building energy saving efforts, and then learned from the successful experience from developed countries in building energy saving related fiscal policies, based on status quo of fiscal and tax policy in China and made some recommendations to promote the development of China’s building energy saving effort in the perspective of finance and taxation.With respect to research methods, this paper applied qualitative and quantitative analysis, theory and empirical analysis. Chapter Ⅱ examined the positive externality of building energy saving by applying the the theory of externality, analysed the different mechanisms through which the financial subsidies and tax incentives functions, the government adopted tax policies and subsidies policy only to improve social welfare allocation between manufacturers and users. The third chapter viewed through Statistical Yearbook over the years to analyze the current building energy consumption situation in China, it suggested China’s building energy consumption accounts for around30percent of total final energy consumption. Building energy saving effort in China mainly focus on transformation of existing energy saving buildings, constructing new energy-saving buildings and large-scale applications of renewable energy.This paper chose Xinyu City, Jiangxi Province featured hot summer and cold winter as the empirical analysis object, through a large number of chart data, the paper details the status of energy development and energy-saving potential of the building of Xinyu City. The paper suggested the current energy saving shortage in transformation of energy saving building, application of renewable energy and supervision system in energy saving aspect. In addition, the gap of energy saving efforts existing between urban and rural areas remain huge, the pressure posed by population growth on energy saving demand is enormous, and the shortage of related investments. Through a detailed analysis of the existing building energy saving tax incentive policies, the paper pointed out that China’s building energy saving tax incentives remains essentially in an overall lack of fiscal policy. Financial support, as well as related policies need to be improved. Chapter IV analyzed by looking through and summarizing foreign experiences in promoting building energy saving effort. We found western countries are generally under the guide of government in the establishment of building energy consumption, identity and energy savings. Through this way, the country enhanced building energy saving efforts by increasing related funding efforts, flexible use of financial subsidies, tax incentives, subsidized loans, loan guarantees and funds support. By applying various financial and taxation policies to match up with their own economic development, providing precious experience in designing building energy saving related policies.To improve taxation policy in building energy saving respects, we should adhere to the principles characterized by combination of comprehensive promotion of building energy saving and achieving breakthroughs in key areas, the unity of policy guidance and the market mechanism, taken into account both the local conditions and local characteristics. In addition, we should set up special funds in supporting the green building construction, improve the efficiency of public fund, enhance the fund solely aiming at wall re-construction, lean toward green building construction; give real estate developers and consumers direct subsidies and financial discount, reward factories in a creative way; give real estate developers and consumers tax cuts and tax free, accelerated depreciation and other measures; make perfect green building product promotion directory, expand the scale of the government procurement; perfect the building regulations, the technical standard and system of the energy conservation; strict supervision and management mechanism, strengthen the training and publicity guide.