Fiscal revenue growth slows to 10.6%

    Updated: 2011-12-12 09:24

    (Xinhua)

      Comments() Print Mail Large Medium  Small 分享按鈕 0

    BEIJING - China's fiscal revenues rose 10.6 percent year-on-year in November, a slower growth from October as the economy downshifted, according to official data released Sunday.

    The slowdown was caused by a moderation of the economic growth, higher exemption threshold for personal income taxes, declining car and property purchases and increasing export tax rebates, the Ministry of Finance said in a statement.

    The pace of growth in November decelerated from 16.9 percent in October, 17.3 percent in September and 34.3 percent in August.

    The revenues in November reached 645.73 billion yuan ($101.85 billion), with 558.21 billion yuan collected from taxes, up 2.7 percent year-on-year, said the ministry.

    Value-added tax revenue climbed 2.9 percent year-on-year, a weaker growth than 7.6 percent in October and 17.5 percent in September.

    Corporate income tax revenue slumped 20.6 percent year-on-year while personal income tax revenue dipped 8.2 percent, after the country raised the monthly exemption threshold for personal income taxes from 2,000 yuan to 3,500 yuan starting in September.

    Revenue from property sales taxes dropped 6.5 percent year-on-year in November.

    China's fiscal expenditure increased 7.5 percent year-on-year to 1.14 trillion yuan in November, said the ministry.

    In the first 11 months of the year, China's fiscal revenues rose 26.8 percent year-on-year to top 9.73 trillion yuan while its fiscal expenditure went up 24.3 percent to 8.9 trillion yuan, it said.

    China will maintain its proactive fiscal policy next year, according to a statement released after a meeting of the Political Bureau of the Communist Party of China Central Committee on Friday.

    Xia Bin, a member of the monetary policy committee of the People's Bank of China, or the central bank. said China still has room to pursue a proactive fiscal policy, given the country's deficit conditions.

    The government budgeted a fiscal deficit of 900 billion yuan for 2011, down from 950 billion yuan in 2009 budget and 1.05 trillion yuan in 2010 budget.

    Fiscal policies play a key role in economic restructuring, which is crucial for sustaining the country's growth, said Xia.

    He urged reforming the fiscal spending structure to better support strategic industries, small businesses and sectors like social security, health care and education that can help boost domestic consumption.

     

    亚洲国产精品无码久久一线| 亚洲日本va中文字幕久久| 免费A级毛片无码A∨中文字幕下载 | 日韩中文久久| 中文字幕丰满伦子无码| 97人妻无码一区二区精品免费| 亚洲成A人片在线观看中文| 最近免费中文字幕MV在线视频3 | av无码国产在线看免费网站| 国产aⅴ激情无码久久| 中文字幕一区在线观看视频| 亚洲中文字幕无码专区| yy111111少妇影院里无码| 无码视频一区二区三区在线观看| 亚洲精品人成无码中文毛片| 中文在线天堂网WWW| 中文字幕亚洲精品无码| 亚洲精品无码不卡| 潮喷失禁大喷水aⅴ无码| 无码人妻精品一区二区三区久久| 精品无码一区二区三区在线| 中文字幕日韩欧美一区二区| 炫硕日本一区二区三区综合区在线中文字幕 | 中文字幕丰满乱子无码视频| 亚洲成a人片在线观看中文动漫| 天堂а√在线中文在线| 性色欲网站人妻丰满中文久久不卡| 亚洲Av无码乱码在线观看性色| 国模无码一区二区三区不卡| 国产精品毛片无码| 久久亚洲AV无码西西人体| 日韩专区无码人妻| 亚洲国产精品无码久久青草| 亚洲精品无码专区2| 亚洲综合中文字幕无线码| 中文字幕亚洲乱码熟女一区二区| 中中文字幕亚洲无线码| 人妻少妇精品视中文字幕国语| 日韩免费码中文在线观看| 免费无码av片在线观看| 亚洲av无码专区在线播放|