www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

chinadaily.com.cn
left corner left corner
China Daily Website

Finance official warns of fiscal pressure

Updated: 2012-12-27 14:14
( Xinhua)

BEIJING - A finance ministry official has warned that the Chinese government will face growing fiscal pressure, as an economic downshift is denting fiscal revenues and expenditure keeps rising.

"The conflict between fiscal income and spending will gradually become more prominent in the coming period," Chinese Vice Finance Minister Li Yong said, as quoted in a press release posted on the Ministry of Finance (MOF) website on Wednesday.

Fiscal revenues have increased markedly slower this year due to the softening economy, slipping company profits and government tax breaks that were aimed at stimulating growth, Li said.

At the same time, the government is likely to increase spending in a bid to support economic restructuring, environmental protection and reforms, while outlays for education, healthcare and social security can't be scaled back, he said.

China's fiscal revenues grew 11.9 percent year on year to 10.89 trillion yuan ($1.73 trillion) in the first 11 months of the year, according to MOF data.

The growth was outpaced by fiscal expenditure during that period, which rose 17.9 percent year on year to 10.5 trillion yuan. It was also sharply slower than the 26.8-percent revenue increase seen in the same period of last year.

The fiscal pressure, together with potential financial risks, rising production costs and weakening demand, will threaten future growth despite recent signs of recovery in the world's second-largest economy, Li said.

China's economy expanded 7.4 percent year on year in the third quarter of 2012, slowing for a seventh consecutive quarter due to flagging exports and property investment.

Related stories:

Fiscal policy makers to set goal for 2013 GDP growth

China's fiscal revenues rise 21.9% in Nov

Government 'snatches big enough slice of fiscal pie'

Finance minister vows fiscal taxation reforms

China's fiscal revenues rise 13.7% in Oct

 

8.03K
 
...
...
...
主站蜘蛛池模板: 欧美a欧美| 国产成人精品三级在线 | 窝窝午夜精品一区二区 | 亚洲男人天堂2017 | 日韩三级小视频 | 色综合久久久久久888 | 国产欧美久久久精品影院 | 高清亚洲 | 黄色a∨ | 2020国产成人免费视频 | 国产免费一区二区在线看 | 欧美日韩中文国产一区二区三区 | 俄罗斯特级毛片 | 色欲麻豆国产福利精品 | 看中国毛片 | 免费精品国产 | 国产亚洲精品一品区99热 | 色综合天天综合网看在线影院 | 成人做爰视频www视频 | 成年女人看片免费视频频 | 国内精品久久久久久影院8f | 在线观看中文字幕一区 | 亚洲精品国产福利一区二区三区 | 免费逼片| 日韩经典一区 | 手机免费黄色网址 | 26uuu影院亚洲欧美综合 | 香蕉521av网站永久地址 | 亚洲欧美日韩国产精品影院 | 成人手机在线 | 亚洲国产精品综合久久网络 | 特级黄色毛片在放 | 舔操| 欧美一级成人毛片影院 | japanese日本tube色系 | 欧美一区二区在线观看免费网站 | 香港三级日本三级人妇网站 | 国产91精品在线 | 久久高清精品 | 国产一区精品 | 成人免费毛片观看 |