免费看黄色大片-久久精品毛片-欧美日韩亚洲视频-日韩电影二区-天天射夜夜-色屁屁ts人妖系列二区-欧美色图12p-美女被c出水-日韩的一区二区-美女高潮流白浆视频-日韩精品一区二区久久-全部免费毛片在线播放网站-99精品国产在热久久婷婷-午夜精品理论片-亚洲人成网在线播放

China's fiscal revenue posts steady growth in April

Source: Xinhua| 2018-05-14 19:30:34|Editor: Yamei
Video PlayerClose

BEIJING, May 14 (Xinhua) -- China's fiscal revenue maintained double-digit growth in April due to steadily increasing tax income, data from the Ministry of Finance (MOF) showed Monday.

Fiscal revenue rose 11 percent year on year to 1.85 trillion yuan (291.6 billion U.S. dollars) last month, with tax revenue up 14.6 percent to reach 1.66 trillion yuan, according to the ministry.

Non-tax revenue dropped 12.9 percent to 190.6 billion yuan due to continued government efforts to reduce administrative fees and other charges to relieve the burden on businesses.

In the first four months of the year, fiscal revenue went up 12.9 percent year on year to 6.9 trillion yuan, the data showed.

During the period, value-added tax revenue rose 18.4 percent, while corporate income tax increased 13 percent. Revenue from value-added tax and consumption tax on imported goods grew 15.8 percent.

In April, fiscal expenditure expanded 8.2 percent year on year to 1.47 trillion yuan, the MOF data showed.

Fiscal spending in the first four months increased 10.3 percent from a year earlier to 6.6 trillion yuan. Spending on social security and employment gained 10.9 percent, while that on education climbed 7.1 percent.

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
010020070750000000000000011103261371783001