The Goal Orientation of Chinese Fiscal Policy in the Post-crisis Period

In response to the international financial crisis in the new century,Chinese government introduced the policy of a bold expansion of domestic demand,andThe 10 New Items,which indicates the transition from implementation of Chinese strong fiscal policy since 2004 to a proactive fiscal policy,and which is a reverse regulation of short-term economic performance choice,rather than long-term policy.Fiscal policy risk is unavoidable because our country has been undergoing rapid economic growth and financial tight running,do not have the long-term implementation of the expansionary fiscal policy,space environment,and our financial system has some deficiency in size,structure,system,and the complexity of economic contradictions.New proactive fiscal policy are expected to play a role ofskillfully deflectedleverage effect,achieve the goal of stable economic growth,and to avoid overkill actions so as to effectively promote a positive financial growth model of economic restructuring and transformation.