China’s basic trend in economy and taxation has a good prospect in 2008. The decline of global economic growth and financial turbulence，however，has affected China’s finance and economy to varying degrees. The statistics shows that the cyclic decline of the GDP growth has come true. As the general economic growth will decline in 2008，the growth rate of gross income in the whole year will decline accordingly but still keep a big figure. To keep the good economic operation tendency in 2009，it is necessary to give a full play of the role of finance and taxation policy in macroeconomic control，and the financial and investment policies should be adjusted in a timely，flexible and supporting way so as to achieve a better effect.