Research On Financial Policy To Promote The Optimization Of Industrial Structure

Since the beginning of the new century,science and technology have become an important driving force for social development.The advancement of science and technology has further improved the development of productivity,and the production efficiency and resource utilization rate have shown a qualitative leap.More and more countries have entered the ranks of technological powers.Science and technology have become the primary productive forces in social production activities.Scientific and technological innovation can not only fundamentally promote the development of productivity,but also trigger the transformation of industrial structure and promote the transformation of labor-intensive enterprises to high-tech-driven enterprises.At this stage,China's economic growth rate has gradually slowed down,and the demographic dividend advantage that China can rely on in the past has gradually weakened.To achieve long-term stable economic growth,we must transform the status quo of industrial development based on intensive labor into science and technology-led.The structure of industrial development will complete the goal of strengthening the country through science and technology.To achieve this goal,we must promote the optimization and upgrading of the industrial structure nationwide,comprehensively improve the quality of development and work efficiency,and provide new growth points for the long-term stable development of the economy.The economic growth rate of Liaoning Province has gradually slowed down in recent years,and even negative growth has occurred.The problem of insufficient economic development momentum in the province has been clearly exposed.Liaoning Province is an important old industrial base,and its economic development was once at the domestic leading level.With the rise of the tertiary industry,the role of the industry in promoting economic rapidity is becoming more and more significant.Although Liaoning Province is optimizing and upgrading its industrial structure.A lot of efforts have been made,but the status quo of economic development still faces severe challenges.In response to this problem,the government must thoroughly study theinternal factors that promote the upgrading of industrial structure,and promote the rational development of industrial structure through government-led methods.This paper uses the data of 14 prefecture-level cities in Liaoning Province from2007 to 2016 to construct a dynamic panel model,and uses the system GMM model to empirically demonstrate the impact of fiscal expenditure and income on industrial restructuring from the structural level of fiscal policy.The study found that the structure of Liaoning's fiscal expenditure promoted the optimization of industrial structure,but the optimization of taxation was not obvious,and even had a negative correlation with the upgrading of industrial structure.How to solve this contradiction and help the old industrial base Realizing industrial optimization and upgrading will be the key to the problem.For Liaoning Province,the government urgently needs to implement a more rational fiscal and taxation model,and use the “invisible hand” to guide the market toward a more rational industrial structure model.Therefore,in-depth study of the main factors in promoting fiscal structure optimization in fiscal policy.The factors and the proposed optimization and adjustment scheme have far-reaching significance.