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China:Energy conservation grant funds by 40.4%
Author：sehenstar Source：SeHenStar Pubtime：2015-03-17 10:07:12 Click：613
"National accounts" was released at the annual parliamentary session of the implementation of last year's budget and this year's budget report, generally said that State spending last year and this year wants to spend the money to make a plan. In 2015, revenue growth is slowing, spending growth is improving, the deficit increase. Why is this book so arranged, where is the money to spend, where to spend less, and CPPCC delegates have any comments and suggestions about this book?
On March 5, the Ministry of finance to draw attention to three meetings of the 12 session of the national people's Congress reviewed the 2014 implementation of the Central and local budgets and the 2015 draft Central and local budgets report shows that along with China's economic development has entered a new norm, revenues coming to the annual double-digit growth into a new phase of growth. Reports indicate that 2015 national public budget income is 15.43 trillion yuan, an increase of 7.3%, this rate of increase than in 2014 8.6%, reduced 1.3%.
Although income growth reduces, but the pace of spending growth is improving, reports indicate that 2015 national public budget expenditures for 17.15 trillion yuan, up 10.6% from last year; the deficit of 1.62 trillion yuan, 270 billion yuan more than last year; deficit to GDP of about 2.3%, an increase of 0.2%.
The morning of March 6, specifically Finance Minister Lou Jiwei said at a press briefing in response to this situation, "the growth momentum of China's economic changes, this is the new normal. In this process, we must steadily deleveraging, but do not cause economic ' Cliff ' whereabouts. To resist such downward pressure, moderate expansionary fiscal policies must be adopted. "For increasing the ratio of fiscal deficits, Mr Lou said:" this is quite large. To underpin economic development, protect against downward pressure will play an important role. This is the total amount. Details, see budget report. â€
From the report, the tax is the main source of our budgeted income for the general public, including domestic VAT value-added tax and consumption tax, corporate income tax, import goods, export goods value-added tax and consumption taxes, excise taxes, income tax, customs duties, plus non-tax revenue consists of eight parts.
On March 5, the Ministry of finance to draw attention to three meetings of the 12 session of the national people's Congress reviewed the 2014 implementation of the Central and local budgets and the 2015 draft Central and local budgets report shows that along with China's economic development has entered a new norm, revenues coming to the annual double-digit growth into a new phase of growth. Reports indicate that 2015 national public budget income is 15.43 trillion yuan, an increase of 7.3%, this rate of increase than in 2014 8.6%, reduced 1.3%.
Although income growth reduces, but the pace of spending growth is improving, reports indicate that 2015 national public budget expenditures for 17.15 trillion yuan, up 10.6% from last year; the deficit of 1.62 trillion yuan, 270 billion yuan more than last year; deficit to GDP of about 2.3%, an increase of 0.2%.
The morning of March 6, specifically Finance Minister Lou Jiwei said at a press briefing in response to this situation, "the growth momentum of China's economic changes, this is the new normal. In this process, we must steadily deleveraging, but do not cause economic ' Cliff ' whereabouts. To resist such downward pressure, moderate expansionary fiscal policies must be adopted. "For increasing the ratio of fiscal deficits, Mr Lou said:" this is quite large. To underpin economic development, protect against downward pressure will play an important role. This is the total amount. Details, see budget report. â€
From the report, the tax is the main source of our budgeted income for the general public, including domestic VAT value-added tax and consumption tax, corporate income tax, import goods, export goods value-added tax and consumption taxes, excise taxes, income tax, customs duties, plus non-tax revenue consists of eight parts.
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