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Ministry Of Finance: Before July, Fiscal Revenue Increased By 66739 Billion, Or 30.5%.

2011/8/26 7:41:00 35

Fiscal Revenue Growth

From 1 to July, the whole country

Public finance

Revenue 6 trillion and 673 billion 992 million yuan, an increase of 30.5% over the same period.

The national public expenditure was 5 trillion and 138 billion 506 million yuan, an increase of 29.7% over the same period last year.

Xie Xuren, Minister of Finance 25, said that the next step is to strictly control the general expenses of overseas (border) funds, vehicle purchase and operation fees, and official hospitality.


  

Fiscal revenue growth

Front high and low rear


Entrusted by the State Council, Xie Xuren made a report on the implementation of the budget this year to the Standing Committee of the National People's Congress.

Xie Xuren said that from 1 to July, the national public finance revenue was 6 trillion and 673 billion 992 million yuan, 74.4% of the budget was completed, an increase of 30.5% over the same period last year.

The national public expenditure was 5 trillion and 138 billion 506 million yuan, 51.3% of the budgeted budget, an increase of 29.7% over the same period last year.

Xie Xuren pointed out that with the increase in September 1st, the deduction standard of personal income tax will be raised to 3500 yuan / month, and the income tax will continue to be applied to some small and small enterprises.

Discount

Policy and so on, the fiscal revenue growth will drop somewhat in the first few months of this year.


Zhang Ping, director of the national development and Reform Commission, said on 25 th that we should continue to stabilize the overall price level.

Macro-control

The most important task is to effectively implement all the policies and measures that have been promulgated.


170 billion 500 million security housing funds issued


Xie Xuren said that China's urban and rural basic medical insurance system has covered more than 1 billion 280 million people.

Since the beginning of this year, the central budget has allocated 103 billion yuan, plus 39 billion 500 million yuan in the implementation and $28 billion in the previous year's surplus fund, which has been fully supported by the construction of affordable housing projects.


Xie Xuren said that the next step is to strengthen financial management, ensure the key expenditure needs of "agriculture, rural areas and farmers" and people's livelihood, and strictly control the general expenses of going abroad (border), vehicle purchase and operation expenses, and official hospitality.


Dispel doubts


Why does fiscal revenue go up so fast?


Xie Xuren pointed out that fiscal revenue grew rapidly from 1 to July, which was a comprehensive reflection of the overall good economic performance and the improvement of enterprise efficiency.

The main reasons are: first, the steady and fast economic growth; the two is the rising price level; the three is the special income increasing factors such as the income of some of the last year's income in the beginning of this year, and the increase of import tax and other related taxes. The four is the policy adjustment factors. The original budgetary funds will be included in the budget management according to the relevant regulations, and the income of the exploration and mining rights and income rights in some areas will be put into storage more frequently, so that the non tax revenue will increase significantly.


 

 


 

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