First, the difference \x0d\ 1, the two have different meanings. Fiscal policy refers to the government's economic policy that affects the total demand by adjusting the total fiscal revenue and expenditure to make it adapt to the total supply. It includes fiscal revenue policy and fiscal expenditure policy. The so-called proactive fiscal policy is to make fiscal policy play a more direct and effective role in starting economic growth and optimizing economic structure by expanding fiscal expenditure. Monetary policy refers to the guiding principles and corresponding policy measures adopted by a country's central bank (monetary authority) to regulate the money supply and credit quantity in order to achieve certain macroeconomic goals. Its characteristic is to release the macro-economy indirectly through the intermediary of interest rate. \x0d\2。 They take a different approach. All policies related to fiscal revenue and expenditure, such as tax rate, issuing treasury bills, purchasing grain at a higher protective price stipulated by the state, and the government's investment in public projects or goods and services, belong to fiscal policies. Among them, government direct investment, procurement, transfer payments and subsidies belong to fiscal expenditure policies. Differential tax rate and tax relief are fiscal revenue policies. A series of bank-related policies such as credit policy, interest rate policy, foreign exchange policy, bank reserve ratio policy, central bank discount rate policy and open market operation all belong to monetary policy. \ x0d \ 3。 Decision makers are different. The fiscal policy is formulated by the state financial organ and must be approved by the National People's Congress or its Standing Committee, while the monetary policy is directly formulated by the central bank under the leadership of the State Council. \x0d\ II。 Linkage \x0d\ 1. Both fiscal policy and monetary policy are national macro-control economic policies. They mainly implement expansionary or contractive policies, adjust the relationship between total social supply and total demand, maintain the balance of economic aggregate, promote the optimization of economic structure, and realize the sustained, rapid and healthy development of the national economy. \x0d\2。 The ultimate goal of fiscal policy and monetary policy is the same. Both require stable currency value, stable economic growth, full employment of workers and balance of international payments to promote the development of socialist market economy. \x0d\3。 In general, fiscal policy and monetary policy are synergistic. The characteristic of fiscal policy is that the policy operation is strong, which can quickly start investment and stimulate economic growth, but it is easy to cause excessive deficit, economic overheating and inflation. Therefore, fiscal policy plays the role of an engine of economic growth, which can only be adjusted in the short term and cannot be used in large quantities in the long term. Monetary policy, on the other hand, mainly focuses on fine-tuning, which lags behind obviously in starting economic growth, but it has long-term effects in curbing economic overheating and controlling inflation. Directly, quickly and flexibly regulated by money supply and credit quantity. Because the coordination of fiscal policy and monetary policy is a combination of two policy prescriptions with different lengths, they can form a joint force and play a regulatory role in the effective operation of the market economy. \x0d\4。 The means to realize fiscal policy and monetary policy are overlapping. Whether the fiscal policy can be successfully implemented and achieved results is inextricably linked with the coordination of monetary policy. National debt connects the independent fiscal policy and monetary policy originally implemented by the financial organ and the central bank, and becomes the best combination point of fiscal policy and monetary policy \ x0d \ x0d \ For example, the state's capital investment, transfer payment and issuance of national debt in earthquake relief are all fiscal policies; Changes in interest rates and exchange rates belong to monetary policy.