国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

China's 2011 fiscal revenue up 24.8% to 10t yuan

Updated: 2012-01-20 11:02

(Xinhua)

  Comments() Print Mail Large Medium  Small

 
 
China's 2011 fiscal revenue up 24.8% to 10t yuan
 
 

BEIJING - China's Ministry of Finance said on Friday that the nation's fiscal revenue grew 24.8 percent year-on-year to hit a record high of 10.37 trillion yuan ($1.64 trillion) in 2011.

Of the total, the central fiscal revenue reached 5.13 trillion yuan, up 20.8 percent from the previous year, while local governments collected 5.24 trillion yuan, up 29.1 percent, the ministry said in a statement on its website.

Tax revenue rose 22.6 percent year-on-year to 8.97 trillion yuan last year, and non-tax revenue surged 41.7 percent to 1.4 trillion yuan, the ministry said.

The ministry attributed the increase to relatively fast economic growth, price hikes, surging corporate income tax and the move to bring non-budgetary funds into its budget management.

Corporate income tax rose 30.5 percent from a year earlier to 1.68 trillion yuan, boosted by the good economic returns of enterprises, the ministry said.

On a quarterly basis, the growth of the nation's fiscal revenue slowed last year, caused by an economic slump, personal income tax reform, easing inflation and waning transaction volumes in the country's auto and property sectors, it said.

Fiscal revenue growth fell to 10 percent in the fourth quarter of last year, compared with 33.1 percent in the first quarter, 29.6 percent in the second quarter and 25.9 percent in the third quarter, it noted.

China's economy expanded by 9.2 percent year-on-year in 2011, with its GDP growth rate dropping to a ten-quarter low of 8.9 percent in the fourth quarter of last year, according to the National Bureau of Statistics.

The ministry said personal income tax stood at 605.4 billion yuan in 2011, up 25.2 percent from a year earlier. The tax fell 5.5 percent year-on-year in the fourth quarter of the year after the government raised the personal income tax threshold in September.

Meanwhile, fiscal expenditure nationwide rose 21.2 percent year-on-year to 10.89 trillion yuan in 2011, the ministry said.

Central fiscal expenditure reached 5.64 trillion yuan, while local governments, which received 3.99 trillion yuan in tax rebates and transfer payments from the central budget last year, spent 9.24 trillion yuan, it said.

The fiscal expenditure structure was further optimized last year, the ministry said, adding that it has strengthened support to sectors concerning people's livelihoods, such as education, medical and health care, social security, employment, housing and culture.

Fiscal revenues in China include taxes as well as administrative fees and other government income, such as fines and income from State-owned assets.

 

栾城县| 易门县| 和顺县| 灵石县| 宁波市| 辽源市| 禄劝| 刚察县| 丽江市| 自治县| 新兴县| 南平市| 邯郸县| 兴仁县| 高青县| 高尔夫| 牟定县| 莱州市| 法库县| 威信县| 安丘市| 精河县| 平顶山市| 依兰县| 澄城县| 德安县| 玉树县| 上饶县| 民乐县| 宝清县| 周至县| 涡阳县| 香格里拉县| 炉霍县| 公主岭市| 留坝县| 山阴县| 冷水江市| 大洼县| 武平县| 新兴县|