Fiscal Policy Studies For The Development Of Low-carbon Economy In China

The resources shortage, ecological destruction, global warming and other issues caused by human economic development is becoming increasingly prominent. These issues have already been a serious threat to the human's survival. In this context, the low-carbon economy, which is low energy consumption, low emission and low pollution, has drawn a great attention of the world, and it is expected to become the new trend of world economic development.At present, China has became the world's largest emitter of carbon dioxide, energy shortage and environmental pollution has become a serious constraint of China's economic development. Realization the change of China's economic development mode will be a time-lasting work of our government. Therefore, China must firmly grasp the wave of global low carbon economy development. Through the development and applications of new energy, new technology, we can promote the transformation and upgrading of our industrial structure and change the method of our economic development. Taxation as an important means which the state regulate the economic development, is playing an important role in distributing the elements, upgrading industrial structure and encouraging technological innovation. Therefore, creating a comprehensive financial and taxation system will greatly support the developing of low-carbon economy, upgrading of Industrial structures, enhancing the technological content of products, changing the economic development mode.This article is written in the background mentioned above, and has a systematic interpretation of the origin of iow-carbon economy. Sorts out the history of our country's development process of low-carbon economy and the achievements. This article has pointed out the challenges which china must overcome in the progress of low-carbon economy development. In this paper, I have analyzed the world major countries' fiscal and taxation policies which are used to support the development of low-carbon economy. I have also analyzed the similar policies in China and pointed out the problems in the existing system. Finally, comparing with the International experience, I gave some recommendations about how to construct a sound fiscal and taxation system of low-carbon economic development. Increase the input of financial subsidies. Establish a long-term mechanism for low-carbon for economic development, subsidy the low-carbon technology research and development enterprises. Two, Perfect the green government procurement system, to support environmental protection enterprises. Improve the government procurement laws and regulations to provide legal support for green procurement. Complete the list of green procurement systems and standards certification system. Improve the implementation of the government procurement mechanism, establish a performance appraisal system. Integrate application of a variety of means to support the development of green procurement. Three, Improve the central transfer payment system, to support local low-carbon economy. By increasing the intensity of general transfer payments, we can make up for the lack of local government financial resources and we should separate an allocation of funds to promote the development of low-carbon economy, and we should strengthen supervision. Four, Reform the China resource tax, resource tax collection methods. Five, Expand the scope of consumption tax levy. Six, introduce the environmental taxes and accelerate the pace of the carbon tax levy. Seven, improve the corporate income tax and encourage enterprises to carry out low-carbon technology research and development. Eight, Establish an green tariff system and deepen the reform of export tax rebate. Nine, Integrate the tax incentives for unified management and distribution and increase the types of tax incentives.