We will fully implement the list-based management system, formulate lists of powers and responsibilities of the departments under the State Council, accelerate the extension of trials of granting market access on the basis of a negative list, and reduce the discretionary powers of the government while giving the market more freedom to take its course. We will abolish the requirement for permits for a number of production and service activities. We will deepen institutional reforms in the business sector, merge different forms of certification required of businesses into one certificate, and expand trials to separate operating permits and business licenses. We will improve the system for conducting both registration and post-registration oversight over businesses, apply the oversight model of random inspection and public release to cover all business activities, and strengthen coordinated administrative law enforcement. We will accelerate efforts to make the information systems of the State Council departments and those of local governments better connected and form a nationally unified government service platform.
To see that businesses and the public benefit more from our reforms to streamline administration, delegate powers, and improve regulation and services, we must cut red tape, level the playing field, provide greater convenience, and remove that last crucial hurdle.
继续推进财税体制改革。落实和完善全面推开营改增政策。简化增值税税率结构，今年由四档税率简并至三档，营造简洁透明、更加公平的税收环境，进一步减轻企业税收负担。加快推进中央与地方财政事权和支出责任划分改革，制定收入划分总体方案，健全地方税体系，规范地方政府举债行为。深入推进政府预决算公开，倒逼沉淀资金盘活，提高资金使用效率，每一笔钱都要花在明处、用出实效。
We will continue to reform fiscal and tax systems.We will implement and improve policies on replacing business tax with VAT across the board. We will simplify the structure of VAT rates, and undertake this year to turn the four tax brackets into three. We will create a simple, transparent, and fairer tax environment and further ease the tax burden of our firms. We will move faster to advance the reform of defining the respective financial powers and expenditure responsibilities of the central and local governments, formulate an overall plan for central and local government revenue sharing, improve the local tax system, and better regulate local government debt financing. We will step up efforts to make government budgets and final accounts more transparent to create pressure for idle budgetary funds to be put to good use. We must use funds more efficiently, and ensure every single sum is spent where it can be seen and produces results.
抓好金融体制改革。促进金融机构突出主业、下沉重心，增强服务实体经济能力，坚决防止脱实向虚。鼓励大中型商业银行设立普惠金融事业部，国有大型银行要率先做到，实行差别化考核评价办法和支持政策，有效缓解中小微企业融资难、融资贵问题。发挥好政策性开发性金融作用。推进农村信用社改革，强化服务“三农”功能。深化多层次资本市场改革，完善主板市场基础性制度，积极发展创业板、新三板，规范发展区域性股权市场。拓宽保险资金支持实体经济渠道。大力发展绿色金融。推动融资租赁业健康发展。当前系统性风险总体可控，但对不良资产、债券违约、影子银行、互联网金融等累积风险要高度警惕。积极稳妥推进金融监管体制改革，有序化解处置突出风险点，整顿规范金融秩序，筑牢金融风险“防火墙”。我国经济基本面好，商业银行资本充足率、拨备覆盖率比较高，可动用的工具和手段多。对守住不发生系统性金融风险的底线，我们有信心和底气、有能力和办法。
We will advance reforms in the financial sector.We will prompt financial institutions to focus on their main business and make their services accessible to small and micro businesses, strengthen their ability to serve the real economy, and resolutely prevent them from being distracted from their intended purpose.
We will encourage large and medium commercial banks to establish inclusive finance departments. Large state-owned banks should take the lead in this effort. We will adopt differentiated assessment and evaluation measures and supportive policies, and effectively address the problem of medium, small, and micro enterprises being unable to access loans or having to pay high interest to secure loans.
We will make good use of policy-backed and development-oriented finance. We will move forward with the reform of rural credit cooperatives and strengthen the role they play in meeting the needs of agriculture, rural areas, and farmers.
We will deepen the reform of the multi-tiered capital market, improve the basic systems of the main board, actively develop the ChiNext stock market and the new third board, and see that regional equity markets develop in a well-regulated way. We will expand channels for using insurance funds to support the real economy. We will make major efforts to develop green finance. We will give impetus to the sound development of the financial leasing industry.
