Research On The Effect Of Fiscal Expenditure On Regional Economic Convergence Of Hunan Province

Machinery manufacturing industry is closely related to our lives. Promotion of technological innovation in Machinery manufacturing industry is of importance in the overall technological innovation system. In general, the international convention is tax incentives. As the pillar industry of Hunan Province, the technological innovation of the machinery manufacturing industry is of essential significance for the provincial technology innovation system. Thus,not only for construction of "two-oriented society" in Hunan Province will tax incentives of the machinery manufacturing industry be a guideline, but also for the construction of the national independent innovation and improvement of political system for technology innovation .In this paper, chosen in the domestic machinery manufacturing industry a competitive advantage in Hunan Machinery Manufacturing Industry for the study, from a technical innovation and tax incentives related to the theory theory, the machine manufacturing industry in Hunan Province to study the status quo approach of technological innovation, the use of analysis tools revenue for the machine manufacturing industry in Hunan Province of the incentive effects of technological innovation, revealing the machinery manufacturing industry in technological innovation in Hunan tax incentives the main problems of the developed countries and emerging countries in technological innovation policy, tax incentives for the advanced experience of the comparison and reference ,Hunan Province to improve the technological innovation system of tax incentives put forward a series of policy recommendations.Analysis from the article, the tax incentive policy for a region in an industry with some incentives. However, if the local legislation does not own the rights, it would be difficult to place the actual situation in accordance with the development of policies related to tax incentives, the effect will be greatly reduced. Therefore, based on the tax autonomy of the legislative point of view, from the central and local levels has made specific policy of tax incentives with a view to policy incentives to achieve their best results.