China’s economy is steadily recovering, leading to continuous improvement in fiscal and tax areas-West China Network (Shaanxi News Network)



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CCTV News:Yesterday (18), the Ministry of Finance announced the operation of national tax revenues and expenditures from January to August of this year. Statistics show that in August this year, the steady recovery of China’s economy led to continuous improvement in tax revenue, and revenue from the general public budget achieved positive growth for three consecutive months.

Statistics show that from January to August this year, the national general public budget revenue was 12,267.6 billion yuan, a year-on-year decrease of 7.5%, and the rate of decline was 1.2 percentage points lower than that of January to July. . In a single August, the national general public budget revenue was 1204.3 billion yuan, an increase of 5.3% year-on-year. Based on an increase of 3.2% and 4.3% in June and July, the revenue growth rate in August increased by 1 percentage point from the previous month. This reflects the further consolidation of the foundations for the growth of the economic recovery, which has led to a continuous improvement in tax revenues. In terms of expenditures, the total expenditures of the national general public budget from January to August were 149,925 million yuan, a year-on-year decrease of 2.1%, and the rate of decline decreased by 1.1 percentage points from January to July. .

According to expert analysis, the decrease in national fiscal spending is due to the slowdown in spending on some projects compared to the same period last year due to the impact of the epidemic in recent months. The main reason is that governments at all levels strictly implement the requirements of the busy days and reduce non-urgent non-rigid expenses. Judging from a single month of August, the national general public budget spending was 1.642.6 billion yuan, a year-on-year increase of 8.7%. This was mainly due to the fact that all localities stepped up the implementation of large projects and the progress of direct fund expenditures was further accelerated. At the same time, we made every effort to do a good job in flood prevention and disaster relief, and the national spending on flood prevention increased by 22.2%.

National tax revenue increased 7% in August

In tax revenue, tax revenue is the main component. Statistics show that in August this year, national tax revenue increased 7%.

Statistics show that national tax revenue increased 7% in August. It was mainly driven by the continuous steady increase in the growth rate of industrial value added, investment in fixed assets and industrial corporate earnings, the reduction in the PPI decline and the accelerated recovery of industries such as automotive.

Regarding the tax categories, the internal value added tax increased 3.7%, achieving positive growth for the first time in the year; the import tax, the internal consumption tax and the vehicle purchase tax increased 1.3%, 1.5% and 20.9% respectively. Continued recovery in corporate earnings and resident income, as well as growth in capital transfer and dividend income, prompted corporate income tax and personal income tax to increase by 14.1% and 17.4%, respectively. The increase in land and real estate sales has led to the deed tax, land value added tax and other real estate related taxes to continue the growth trend in July.

Judging from the first eight months, the national tax revenue was 1.08236 billion yuan, a year-on-year decrease of 7.6%, and the rate of decline declined for four consecutive months. Non-tax revenue was 1853.2 billion yuan, a 7% year-on-year decrease. The burden on business continued to decline, business-related fees continued to decline, and special revenues, such as administrative fees and local education surcharges, fell 4.5% and 2.5%, respectively.

1.7 trillion direct funds have spent 735.8 billion yuan

This year, the Ministry of Finance has set up a direct fund of 1.7 trillion yuan, which is mainly used to improve the capacity of grassroots financial support. At present, more than 700 billion yuan of direct funds have been actual expenditures.

According to statistics from the Ministry of Finance’s direct funds tracking system, as of August 31, among the 1.7 trillion direct funds, actual expenditures had been 735.8 billion yuan, of which 712.5 1 billion yuan was spent at the grassroots level in cities and counties, accounting for 96.8%. Political effectiveness. If calculated according to the spending schedule, the actual spending of 735.8 billion yuan, accounting for 44.1% of the funds allocated by the central government.

It is understood that, in light of local conditions, all localities have vigorously optimized the structure of direct capital expenditures, focusing on supporting the development of the prevention and control of normal and long-term epidemics, ensuring the employment of residents, ensuring people’s basic livelihoods, ensuring market entities, ensuring base operations and supporting the construction of large projects. It has played an important role in supporting the general promotion of epidemic prevention and control and economic and social development.


Publisher: Zhong Ying



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