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    China'S Fiscal Revenue Exceeded 8 Trillion And 310 Billion &Nbsp Last Year, And Its Budget Was 112.4%.

    2011/8/4 9:54:00 40

    China'S Revenue Budget

    3, the Ministry of Finance announced that in 2010, China realized the public revenue of 8 trillion and 310 billion 151 million yuan RMB.

    budget

    112.4%.


    This income level increased by 1 trillion and 458 billion 321 million yuan over 2009, an increase of 21.3%, which is basically the same as the average growth rate in the past few years before the outbreak of the international financial crisis.

    From 2005 to 2008, China's fiscal revenue increased by 19.9%, 22.5%, 32.4% and 19.5% respectively.


    In recent years, in addition to promoting the resource tax reform, China has basically not introduced any new tax increase measures, and has implemented a large-scale structural tax reduction in response to the international financial crisis.

    The Ministry of Finance said that fiscal revenue continued to maintain a relatively rapid growth in 2010, reflecting the further improvement of China's economic growth quality, enterprise efficiency and income collection and management.


    In those days, China

    finance

    More than 88% of the revenue comes from taxation, accounting for 7 trillion and 321 billion 79 million yuan of tax revenue and 112.6% of the budget, up 23% from the same period last year.


    The non tax revenue was 989 billion 72 million yuan, 110.8% of the budgeted budget, an increase of 9.9% over 2009, accounting for 11.9% of the national public revenue, and 1.2 percentage points lower than that in 2009.

    Non tax revenue included in general budget management includes special income, income from administrative and professional fees, income from confiscation, and paid use of state-owned resources.


    In 2010, China's fiscal expenditure was 8 trillion and 987 billion 416 million yuan, an increase of 1 trillion and 357 billion 423 million yuan over 2009, an increase of 17.8%.


    Previously announced by the Ministry of Finance

    data

    In the first half of 2011, China recorded a fiscal revenue of 5 trillion and 687 billion 582 million yuan, an increase of 31.2% over the same period last year.


     
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