Announces Central Budget For 2010
The Ministry of Finance announced the central budget for 2010. Among them, the export income tax rebate and consumption tax revenue budget is 707 billion yuan (the same below), an increase of 58 billion 344 million yuan over the 2009 number of executes, an increase of 9%. The budget is mainly based on the expected growth of general trade exports in 2010, as well as the improvement of export rebates in 2010 and the increase in export tax rebates in 2010.
In 2010, the value added tax, consumption tax and customs revenue budget for imported goods amounted to 965 billion yuan, an increase of 43 billion 728 million yuan over the 2009 figure and an increase of 4.7%. It is mainly based on the expected growth of general trade imports in 2010 and considering factors such as fluctuation of commodity prices.
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