The most popular account books published by the Mi

2022-08-06
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The Ministry of Finance published the account books: the revenue growth rate last year was 4.5%, a 28 year low. The Ministry of Finance published the account books: the revenue growth rate last year was 4.5%, a 28 year low. Yesterday (January 23), the Ministry of Finance announced the fiscal revenue and expenditure in 2016. The national general public budget revenue in that year was 15955.2 billion yuan, an increase of 4.5% over the previous year. The growth rate continued to fall year by year, which was the lowest growth rate of China's fiscal revenue since 1988

affected by the downward pressure of the economy, the contradiction between fiscal revenue and expenditure is prominent. In 2016, the national general public budget expenditure was 18784.1 billion yuan, a year-on-year increase of 6.4%

zhaoxijun, deputy dean of the school of Finance and economics of Renmin University of China, told the daily economy that the slowdown in economic growth and the decline in corporate profits are the main reasons for the continued decline in the growth rate of fiscal revenue. In addition, it is also related to the increase of enterprise costs, tax reform such as replacing business tax with value-added tax, and the government's tax reduction and fee reduction for enterprises

revenue growth continued to decline

according to the data released by the Ministry of finance, the national general public budget revenue in 2016 was 15955.2 billion yuan, an increase of 4.5% over the previous year. Among them, the central government's general public budget revenue was 7235.7 billion yuan, an increase of 4.7% year-on-year and 1.2% in the same caliber; The local general public budget revenue at the same level was 8719.5 billion yuan, a year-on-year increase of 4.2%. The policy of growth with the same caliber will greatly enhance the concentration of industries by 7.4%. The tax revenue from the national general public budget revenue was 13035.4 billion yuan, an increase of 4.3% year-on-year; Non tax revenue was 2919.8 billion yuan, a year-on-year increase of 5%

in this regard, the Ministry of Finance said that the national general public budget revenue increased by 4.5% in 2016, continuing the trend that the growth rate dropped year by year. There are three main reasons:

first, there are a lot of policy cuts. In 2016, the pilot program of replacing business tax with value-added tax was comprehensively launched as the policy measure with the largest scale of tax reduction in recent years; At the same time, clearing up enterprise related charges and expanding the exemption range of some administrative and institutional charges have also brought about certain reductions. Second, the lagging impact of the economic downturn. Compared with 2015, the growth rate of fixed asset investment and added value of industries above Designated Size in 2016 still dropped to varying degrees, restricting the growth of fiscal revenue. Third, the base of some incomes in 2015 was relatively high, such as financial industry taxes and some non tax incomes

by item, the declining part includes stamp duty, resource tax, export tax rebate, domestic consumption tax, etc. Among them, the stamp duty was 220.9 billion yuan, a year-on-year decrease of 35.8%; Resource tax was 95.1 billion yuan, a year-on-year decrease of 8.1%; Export tax rebate was 1215.4 billion yuan, down 5.5% year on year; The domestic consumption tax was 1021.7 billion yuan, a year-on-year decrease of 3.1%; The vehicle purchase tax was 267.4 billion yuan, a year-on-year decrease of 4.2%

the daily economy notes that China's tax structure has changed significantly after the comprehensive implementation of replacing business tax with value-added tax and reducing taxes and fees for enterprises. According to the data released by the Ministry of finance, in 2016, the domestic value-added tax increased by 30.9% year-on-year, of which the value-added tax increased by 2.7 times, and the business tax decreased by 40.4% year-on-year

at the beginning of January this year, Xiaojie, Minister of finance, said in an interview with the media that the value-added tax replaced the business tax, eliminating the distortion of business behavior caused by the coexistence of value-added tax and business tax, and creating a good tax system environment for fair competition. Under the VAT deduction mechanism, in order to realize full deduction and make full use of the favorable conditions of the tax system arrangement, enterprises will pay more attention to standardized operation and management, reduce black box operations, and accumulate endogenous power for development

zhaoxijun pointed out that it is expected that as the government increases its efforts to reduce fees for enterprises, enterprise costs will continue to decline and profits will rebound. Meanwhile, compared with other taxes, the growth rate of corporate income tax should be relatively stable

it is worth mentioning that although the growth rate of general public budget revenue slowed down in 2016, the revenue of typical enterprises released green development reports guided by innovative methods of government funds increased significantly compared with 2015. In 2016, the national government fund revenue was 4661.9 billion yuan, an increase of 11.9% over the previous year. According to the data, the budget revenue of national government funds in 2015 was 4233 billion yuan, a year-on-year decrease of 21.8%

Ministry of Finance: give priority to ensuring people's livelihood investment

while the growth rate of general public budget revenue is slowing down, the growth rate of national general public budget expenditure is also slowing down. According to the data, the national general public budget expenditure in 2016 was 18784.1 billion yuan, an increase of 6.4% over the previous year. The query found that the growth rate was 15.8% in 2015

according to the Ministry of finance, in 2016, financial departments at all levels actively played their roles, effectively implemented proactive fiscal policies, made great efforts to promote "three deletions, one reduction and one subsidy", solidly promoted the construction of people's livelihood undertakings, and practically strengthened the implementation and management of expenditure budgets, which better guaranteed the needs of various key expenditures in the case of slowing income growth

"(it is expected that the fiscal policy in 2017 will be more active, and Jinan trial fund will be the first choice for Jinan testing machine, which means that the expenditure in infrastructure, people's livelihood and other fields will also rise. Under the condition that the economic fundamentals have not been fundamentally improved and the rigidity has led to an increase in the hot discussion expenditure in the whole industry, it is expected that the fiscal deficit in 2017 may increase." Zhaoxijun told the daily economy

zhaoxijun further said that in order to stabilize economic growth, under the keynote of active fiscal policy, the government may improve its tolerance for deficits, but it must also pay attention to the specific areas of fiscal expenditure flow. At present, we should focus on increasing expenditures to support the development of the real economy, the level of employment and people's livelihood, and new economic drivers

it is worth mentioning that the Ministry of Finance recently issued the notice on ensuring the basic people's livelihood expenditure in 2017, which lists 11 key tasks, including giving priority to ensuring the basic people's livelihood expenditure in general transfer payments, rationally allocating and using the special funds for people's livelihood, increasing financial support for resource-based and energy poor areas, comprehensively activating all kinds of financial funds and increasing the basic people's livelihood, Reduce general expenditures for basic people's livelihood, effectively guarantee the basic livelihood of people in difficulties, earnestly do a good job in the resettlement of "de productive" personnel, earnestly implement the requirements for targeted poverty alleviation, issue and timely allocate various people's livelihood funds in advance, strengthen the management of financial funds in the field of basic people's livelihood and support the improvement of the working mechanism for basic people's livelihood

the Ministry of Finance said that in the current situation of great downward pressure on the economy and slow growth of fiscal revenue, it is necessary to better coordinate people's livelihood policies and economic development, give priority to ensuring people's livelihood investment and ensure the basic livelihood of people in need

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