What is Constructive Rest?

Constructive expenditure generally refers to the expenditure of the state or government on economic construction, especially in infrastructure construction.

Constructive

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Constructive expenditure generally refers to

At the beginning of the reform, our country put forward the slogan of "One is to eat, the other is construction." It means that the finances have changed from the original "construction finances" to "food finances" first, and they can only be used for "construction" when they have more energy. "Dining finance" is generally a popular expression of fiscal consumer spending, and "construction finance" is a popular expression of fiscal constructive spending.

In the period of planned economy, the fiscal pressure was to unilaterally suppress consumer expenditures and excessively increase constructive expenditures, resulting in serious shortages of various consumer expenditures and excessive debts in people's lives. This situation has seriously affected the normal economic development at the beginning of reform and opening up. At this time, finance first meets the need to "eat", which is of great significance to economic reform and development. The repayment of debts due to consumption makes the proportion relationship that was seriously imbalanced tends to be harmonized. After 20 years of reform and opening up, China's economy has continued to develop rapidly, and consumer demand has contributed significantly.

Consumer expenditure has always been the basic and main expenditure content of public finance. In the market economy, most of the so-called "constructive" expenditures can only be borne by enterprises and individuals through the market. The reform has led to a significant reduction in the constructive expenditures of the fiscal system and a large-scale exit from the production sector. This is a direct manifestation of the overall withdrawal of the fiscal sector from the competitive sector, and is therefore one of the inevitable results of economic market-oriented reforms. The direct result of this change is that fiscal activity has begun to shrink into the field of market failure, which is one of the typical manifestations of fiscal publicization.