Xie Xuren (谢旭人), Minister of Finance

"The government will provide strong support for the development of small and medium-sized enterprises (SME), establish, in  accordance with the law, a national SME development fund, implement the policy of reducing half the corporate tax burden of small and very small enterprises, support the establishment of a credit guarantee system for SME."
 
- Xie Xuren to the heads of all the heads of local finance bureaux around the country at the National Fiscal Work Conference which was held on Dec 25 2011

Key phrases: proactive fiscal policy, people's livelihood, tax reduction

Core concerns: "Improving people's livelihood" and "reducing the tax burden" are the public's two biggest demands of fiscal policies. Generating fiscal revenue is the principal task for most local governments during the period of the 12th Five-Year Plan, but it has been complicated by calls for tax cuts.

Original article: [Chinese]