The Levers of Finance Policy and the New Developing Points of National Economy

Abstract The governments macro-control policy on national economy since 1993 has achieved good results as predicted.However,in 1996 and 1997,the speed of total demand was reduced,so were the profits made by the enterprises.To fit in with the new consumption structure,it is necessary to adjust the industrial stucture and cultivate new developing points of national economy.At present,the housing industry,with its own features,is capable of becoming a new developing point of national economy,but the government must strengthen the macro control over it.The macro control finance policy of the government focuses on land,fund and market.The specific levers are income and expenditure policies including taxes,fees,national bonds,investment and subsidies.The aim is to expand the total social demand.The author holds that the finance policy must be adjusted to suit the reform of the housing system.The government should adjust the traditional structure of income and expenditure and improve the system of the real estate taxes and fees in order to develop the housing industry healthily.