Research on Issues and Countermeasures Regarding Fiscal and Tax Policies Promoting China’s Green and Low-Carbon Development

Abstract

Green and low-carbon development is the fundamental solution to ecological and environmental challenges, and the essential path to achieving high-quality development. As a key economic tool of government, fiscal and tax policies serve as vital support for advancing green and low-carbon development, playing a significant guiding role in promoting ecological and environmental improvement, facilitating green and low-carbon transformation, and advocating for low-carbon lifestyles. This article examines how fiscal and tax policies promote China’s green and low-carbon development. It analyzes current challenges in policy implementation, including imbalances in the government-market boundary, the need to enhance the adaptability of green investment and financing systems, imperfections in the tax structure for green and low-carbon development, and the limited guidance function of government green procurement. Based on this analysis, targeted countermeasures are proposed to refine green fiscal and tax policies and propel high-quality economic and social development.