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: 亚洲精品视频免费看 | 午夜小视频网站 | www 在线观看视频 | 久久久综合久久 | 69av在线 | 久久夜靖品2区 | 国产精品免费久久久 | 91超碰人人 | avtt国产| 精品久久一 | 日韩中文字幕视频 | 人人爱人人射 | 免费在线观看成年人视频 | 日韩在观看线 | 午夜国产视频 | 欧美日韩999 | 亚洲一二区视频 | 美日韩精品 | 在线看v | 国产久草av| 日韩一区二区三区四区五区六区 | 欧美日韩亚洲系列 | 欧美黄色短片 | 国产jjizz一区二区三区视频 | av日韩在线播放 | 天天操天天操 | 黄色一级片中国 | 一本大道av | 精品国产午夜 | 久久99久久99精品免观看软件 | 中文字幕一区不卡 | 91精品久久香蕉国产线看观看 | 久久久久久色 | 欧美xxxx中国 | 欧美第1页 | 香蕉视频你懂的 | 性色av一区二区三区 | 亚洲免费在线 | 中文字幕精品一区二 | 亚洲精品精品 | 成人小视频在线播放 |