'Despite there are some uncertainties in current economic situation in China, the overall economic situation is still forward with vibration. Under the severe and complex economic situation, we should put stable growth in a more important position. There is a large space of the current structural tax reduction, which related to the success or failure of macroeconomic regulation. The scale of the structural tax reduction can be calculated from the fiscal deficit size, the contrast between expenditure increase and tax reduction, fiscal income situation and so on. In the structure, we should take VAT as major tax cut, and we should take the path through both making VAT expand the scope and reduce the tax rate.