日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Macro

Slowdown bites into China's 2012 fiscal revenues

(Xinhua) Updated: 2013-01-23 10:25

BEIJING - China's fiscal revenue growth slowed sharply in 2012 due to an economic downshift and tax breaks, the Ministry of Finance said Tuesday.

National fiscal revenues rose 12.8 percent year-on-year to 11.7 trillion yuan ($1.9 trillion), with the growth rate dropping 12.2 percentage points from a year earlier, the MOF said in a statement.

The ministry attributed the slowdown to a softening economy, weakening corporate profits, milder inflation and structural tax breaks.

Of the total fiscal revenues, tax revenues reached 10.1 trillion yuan, up 12.1 percent from a year earlier, but the growth rate was down 10.5 percentage points from the 2011 level.

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

Revenues from value-added taxes increased 8.9 percent to 2.6 trillion yuan, while those from business taxes went up 15.1 percent to 1.6 trillion yuan.

In breakdown, business tax revenues in the property and construction sector jumped 11.6 percent and 18.6 percent, respectively, while those in the financial industry surged 32.7 percent due to increases in loan interest.

Corporate income tax revenues gained 17.2 percent year-on-year to 2 trillion yuan. Banks paid 41.9 percent more for income tax, while the income tax revenues of industrial enterprises inched up 2.6 percent, weighed on by slowing profits growth in 2012.

Individual income tax revenues dipped 3.9 percent to 582 billion yuan, affected by the government's move in September 2011 to raise the threshold at which individuals must pay income taxes from 2,000 yuan to 3,500 yuan.

On a quarterly basis, China's fiscal revenue growth recovered to 19.9 percent in the fourth quarter of 2012 from 14.7 percent in the first quarter, 10 percent in the second and 8.1 percent in the third quarter.

The fourth-quarter rebound was mainly caused by a low base in the same period of 2011, the MOF said.

 

Related Readings

Fiscal deficit could widen to $192b next year

Finance official warns of fiscal pressure

Nov fiscal revenue up 21.9% year-on-year

Government 'snatches big enough slice of fiscal pie'

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲黄色大全 | 亚洲天堂成人在线观看 | 亚洲四区在线 | av导航在线 | 国产午夜精品一区二区三区视频 | 国产另类av | 精品久久久av | 91久久精品日日躁夜夜躁欧美 | 欧美日韩在线播放 | 黄色成人免费视频 | 中文字幕第2页 | 亚洲成人中文字幕在线 | 国产精选自拍 | 国产18无套直看片 | 深夜视频在线观看 | 国产一级片毛片 | 偷拍亚洲综合 | a成人在线 | 国产成年人免费视频 | 亚洲精品久久久久久久久久久久久 | 欧美日韩字幕 | 91视频导航 | 青青av | 中文在线观看视频 | 国产精品久久久久久久精 | 自拍偷拍第3页 | 免费成年人视频 | 久色婷婷 | 亚洲 精品 综合 精品 自拍 | 国产一线大片 | 三区四区在线观看 | 日韩网站在线播放 | 国产一卡二卡在线 | h片网站在线观看 | 天堂综合 | 国产123在线| 无套内谢大学处破女www小说 | 久久久久中文 | 四库影院在线观看 | 欧美久久久 | 亚洲一区二区三区免费在线观看 |