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一、提高流通性 拓展国债增发空间 1998和1999两年,我国实施积极财政政策取得了显著成效。鉴于我国经济结构调整和产业升级刚刚开始,经济发展中还有许多不利因素,党中央国务院审时度势,权衡利弊,决定在今后几年内仍将继续实施积极财政政策,尽管由此增大了财政工作压力,但在启动经济的特殊时期,宁肯多承担一些压力,也要致力于保持发展速度在发展中求稳定。 继续实施积极财政政策,需要不断地把增加的国债发出去,这就涉及到增发国债还有着多大的空间。这不仅涉及到当年的和累计的国债余额占GDP比重的考察指标,还和国民对国债的认知
First, to improve the liquidity to expand the additional issuance of government bonds In 1998 and 1999 two years, China’s implementation of a proactive fiscal policy has achieved remarkable results. In light of the just beginning of China’s economic restructuring and industrial upgrading, there are still many unfavorable factors in economic development. The CPC Central Committee and State Council examined the current situation and weighed the pros and cons and decided that they will continue to implement the proactive fiscal policy in the next few years. However, this has increased the pressure of financial work However, during the special period of starting the economy, we should rather bear more pressure and devote ourselves to maintaining the pace of development and striving for stability in our development. If we continue to implement the proactive fiscal policy, we will need to continually issue more treasury bonds. This is a question of how much room there is for additional treasury bonds. This is not only related to the current year’s and cumulative indicators of the proportion of government bonds as a proxy for GDP, but also with citizens’ perceptions of national debt