The Three Major Challenges of a County Finance Director

Although a certain industrial county in the east has impressive industrial indicators, its tax revenue has decreased by about 1 billion yuan in the past five years due to factors such as tax reduction and fee reduction, and enterprise separation. The high level of rigid expenditures, the dilemma of debt risk, and the disconnect between higher-level assessments and actual financial resources have made it difficult for grassroots finance to proceed. The person in charge hopes that fiscal and tax reforms can streamline the relationship between the central and local governments, promote the transformation of state-owned enterprises, and activate the endogenous driving force of county-level finance.