Page 38 - REPORT ON THE EXECUTION OF THE CENTRAL AND LOCAL BUDGETS FOR 2022 AND ON THE DRAFT CENTRAL AND LOCAL BUDGETS FOR 2023

yuan of transfer payments to such areas, an increase of 8%. The central
government will keep in place the award fund for supporting the process of
granting urban residency to people who move to urban areas from rural areas, so

that the places they live in will provide them with better basic public services and
people-centered new urbanization will be developed. We will establish incentive

and constraint mechanisms for coal production, and increase transfer payments to
major coal-supplying provinces.
5) Improving fiscal and tax policies supporting green and low-carbon

development, and promoting concerted efforts to cut carbon emissions, reduce
pollution, expand green development, and pursue economic growth

We will support the faster transition to a model of green development. We will
implement the guidelines on fiscal support for realizing peak carbon emissions and

carbon neutrality and urge localities to improve their fiscal policies and measures
in support of this endeavor. We will step up efforts to achieve major

breakthroughs in green and low-carbon technologies and expand their application
to facilitate the green and low-carbon transformation in key sectors such as
industry and transportation. We will back the green development of agriculture,

encouraging comprehensive utilization of crop straw and rational use and
recycling of agricultural plastic sheeting. We will expand the scope of green

government procurement and scale up the purchase of relevant products. We will
provide support for the development of renewable energy to further improve

China’s energy mix. We will guide localities in redoubling their energy
conservation and carbon reduction efforts, and promote clean and high-efficiency

energy use. The role of the China Clean Development Mechanism Fund will be
given full rein to bring more resources to bear in boosting green and low-carbon
development.

We will work harder to keep our skies blue, waters clear, and lands clean. The central
government will allocate 33 billion yuan for the prevention and control of air

pollution, with priority given to encouraging the use of clean energy sources for
winter heating in northern China. The central government will allocate 25.7 billion

yuan for concerted efforts to improve water resources and aquatic environments
and ecosystems, an increase of 2 billion yuan. These funds will mainly be used for

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