国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

China's fiscal revenue growth stable in Q1

Source: Xinhua| 2018-04-09 19:19:17|Editor: Mengjie
Video PlayerClose

BEIJING, April 9 (Xinhua) -- China's fiscal revenue rose 13.6 percent year on year in the first quarter of 2018, the Ministry of Finance (MOF) said in a statement Monday.

The stable growth was mainly driven by a faster increase in tax revenue, as businesses posted better profits amid a solid economy, according to the MOF. Tax revenue accounted for 87.7 percent of fiscal revenue during the January-March period, up 2.5 percentage points from the level a year earlier.

The MOF cited an increase in factory activity, improving services, robust consumption, and steady foreign trade.

Tax revenue gained 17.3 percent, up from 14.7 percent growth a year ago. Meanwhile, non-tax revenue dropped 7.5 percent due to continued government efforts to reduce administrative fees and other charges to relieve the burden on businesses.

"The majority of sectors saw rapid tax growth," the MOF said. Ferrous metal smelting and rolling reported the highest tax growth, followed by broadcast television and filming, and hotel and catering sectors.

Fiscal revenue growth pointed to a steady economy, the MOF said.

With the economy on a firm footing and fiscal revenue increasing, China lowered its fiscal deficit target to 2.6 percent of GDP for 2018, down by 0.4 percentage points compared with 2017, the first drop since 2013.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001370981641
主站蜘蛛池模板: 信阳市| 临高县| 安岳县| 新干县| 绿春县| 揭东县| 敦煌市| 阳西县| 湖州市| 昌黎县| 平果县| 嘉兴市| 镇坪县| 平阳县| 呼伦贝尔市| 铁力市| 太仓市| 博爱县| 琼结县| 通道| 门头沟区| 团风县| 洱源县| 黄大仙区| 和平区| 新营市| 孝昌县| 南雄市| 徐州市| 平度市| 信丰县| 寿宁县| 富阳市| 兴国县| 吴桥县| 会东县| 永州市| 镶黄旗| 梧州市| 安国市| 微山县|