Chapter 4058

Tax reductions for the manufacturing industry, for the time being, would of course lead to a decrease in fiscal revenue, but in the long run, after the economic crisis passed, the economy recovered, the manufacturing industry was upgraded, and the added value of the manufacturing industry increased, the final fiscal revenue would still increase greatly. Anyone could calculate this account.

Moreover, the previous economic stimulus plan was to prepare to issue additional currency, significantly increase investment in fixed assets, and provide cash subsidies to some industries. This also required taking out money. Now this method reduced cash subsidies but also reduced the burden on enterprises. The two offset each other, and the final fiscal revenue and expenditure were still balanced.

And another effect of this economic stimulus plan had also appeared, which was the suppression of the real estate industry, so that housing prices did not rise sharply, which prevented the savings in the hands of the common people from being emptied by a house, which also played a very positive role in expanding domestic demand objectively.

One piece of data was that this year's Spring Festival, the national tourism industry revenue increased by nearly double compared to the same period last year, which proved that the common people now dared to use money.

And after the economic crisis, after experiencing a short period of sales decline, the sales of Hou's electrical appliances had returned to normal levels, and even increased, and the main increase was in the domestic market.

The household appliances produced by Hou's electrical appliances were all relatively high-end, and in the past, they had always been oriented to the markets of developed countries in Europe and America. The sales in the domestic market had always been relatively limited. After all, the prices of these high-end electrical appliances were not cheap.

But now, the domestic market had a relatively large increase, which proved that the consumption level of domestic common people was constantly improving. Now the average income level in the country was indeed constantly increasing, and it was very normal for the consumption level to increase.

In his previous life, after housing prices rose sharply, China's domestic demand had always been sluggish. This was the evil result brought about by the excessive rise in housing prices. Imagine, in order to buy a house, the savings of several generations of the whole family were emptied, and half of the monthly salary had to be taken out to pay the mortgage. Who still had money to use? Who still dared to use money?

Some people had a monthly salary of over ten thousand yuan, but they had to weigh it even when they went out to buy a bottle of water. How sad is this reality?

In short, it had only been a few months since the release of the new economic stimulus plan, and obvious effects had already been seen. In the long run, such effects would only get better and better.

Lu Zhenghong chatted with Su Xinghui very excitedly, and they chatted for nearly an hour before it ended, and he left in a hurry. He still had to attend a foreign affairs activity.

Song Qiaoli had become accustomed to such a life. Lu Zhenghong often didn't return home until after eleven o'clock at night. His status now was extraordinary, and he had many activities. It could be said that he no longer had the concept of going to work and getting off work.

Song Qiaoli was playing chess with Niuniu. She could play Go, but her level was average, and she couldn't beat Niuniu. She had already lost three games in a row. Of course, she didn't care about winning or losing. Being able to play with her grandson was her greatest happiness.