After the foreign trade data showed a sharp upward trend in September, the fiscal revenue and expenditure announced by the Ministry of Finance yesterday also showed that China's macro economy has gradually stabilized: the two main tax types closely related to the economy - domestic value-added tax and business tax at 9 The month of the month rose sharply by 10.4% and 26.5%, reflecting that the current economic activity has rebounded. In September, the national fiscal revenue was 825.8 billion yuan, an increase of 88.1 billion yuan or 11.9% over the same month last year. Among them, the central level income was 366.4 billion yuan, down 2.4% year-on-year; the local level income was 459.4 billion yuan, up 26.8% year-on-year. Economic activity rises As can be seen from the above data, although the central level income continues to grow negatively, the local level income has increased by 26.8% year-on-year; the business tax based on real estate and construction, and the local small tax based on land income. It has become the two major sources of finance to support the high growth of local fiscal revenue. The Ministry of Finance said that the reason for the year-on-year decline in the central government's finances included the year-on-year decline or low growth of the import tax, automobile purchase tax, and consumption tax, which belonged to the central tax. The increase in the export tax rebate that was fully refunded by the central government during the implementation was more Income; corporate income tax and personal income tax at the central and local levels of 6:4 decreased year-on-year. Compared with August, the domestic value-added tax, which is one of the economic barometers, has rebounded sharply, from 8.5% last month to 10.4%, an increase of 47.3 billion from the previous month. Yang Zhiyong, a researcher at the Institute of Finance and Economics of the Chinese Academy of Social Sciences, said that since the value-added tax is a turnover tax, the increase in value-added tax indicates an increase in the activity of economic activities. Liu Shangxi, deputy director of the Institute of Fiscal Science of the Ministry of Finance, also said that the sharp recovery of value-added tax can reflect the improvement of the production and operation of enterprises to a certain extent. The Ministry of Finance announced yesterday that the economic operation of state-owned and state-owned holding companies from January to September 2012 also showed that the business operation status of the enterprises was improving: the total operating income and tax payables of enterprises included in the statistical scope increased year-on-year, and the profit decreased. Narrow, total profit in September increased by 2.8% from August. However, Yang Zhiyong believes that the fiscal revenue in September did not improve, and the tax revenue increased by only 5.8% year-on-year, lower than the 7.2% in August. In fact, the quarterly trend of public revenues is consistent with GDP. According to data released by the National Bureau of Statistics yesterday, the gross domestic product of the first three quarters of this year was 353.48 billion yuan, which was 7.7% higher than the same period of last year. Among them, 8.1% in the first quarter, 7.6% in the second quarter, and 7.4% in the third quarter. The national fiscal revenue increased by 14.7% in the first quarter, 10% in the second quarter, and 8.1% in the third quarter. The trend is consistent with the trend of GDP growth. Liu Shangxi believes that the Chinese economy has not experienced a rapid decline that was originally worried. The current situation is nearing the bottom, but it cannot be expected to bottom out soon. The national fiscal revenue will continue to linger at the bottom. Liu Shangxi said that as China's GDP growth slows to below 9%, the single digit growth of tax revenue will become the norm in the future. In September, the export tax rebate increased by a large margin, totaling 773.9 billion yuan, an increase of 94.3 billion yuan, an increase of 13.9%. The Ministry of Finance said that the main reason is to speed up the export tax rebate, and increase the amount of tax rebate accordingly. According to Yang Zhiyong, many localities have already introduced measures to encourage exports. This shows that local governments are implementing fiscal preferential policies to promote foreign trade as an important measure to stabilize growth. Due to the certain lag of financial data, the October data may be more obvious. The locality is inseparable from the growth of local real estate resources in September. The Ministry of Finance said that the business tax, which is mainly local income, and some local small taxes, grew rapidly, driving the local fiscal revenue to increase at a higher rate. From the analysis of specific taxes, it is not difficult to see that the growth of local fiscal revenue is related to real estate taxes. Among them, the real estate business tax increased by 9.7 billion yuan, an increase of 36.5%; the construction industry business tax increased by 8.1 billion yuan, an increase of 32.4%. All local small taxes related to real estate have increased substantially, such as deed tax, land value-added tax, cultivated land occupation tax, urban land use tax, etc. Among them, the land value-added tax increased by 63.9%. Yang Zhiyong said that land and real estate are important sources of finance for local governments. Its contribution to local finance is mainly divided into two parts. First, real estate related taxes and fees in public finance (also known as general budgetary income), and second, government funds in China. There is land use right to sell income. Yang Zhiyong said that the general budgetary income can only maintain the normal operation of local governments. A large amount of infrastructure and government expenditures need to rely on land transfer fees. The sharp decline in land sales revenues has caused local governments to face expenditure pressures. Non-tax revenues are rising . Another striking point in the fiscal revenue and expenditure situation in September is that non-tax revenues contribute more to fiscal revenue growth than tax revenues: national fiscal revenues increased by 11.9%, while tax revenues increased only year-on-year. 5.8%. In September, non-tax revenue was 147.4 billion yuan, an increase of 51 billion yuan, an increase of 52.8%. Among them, the central non-tax revenue increased by 16.7 billion yuan year-on-year, mainly due to the change in the special oil receipts method; the local non-tax revenue increased by 34.3 billion yuan, mainly due to the centralized storage of local exploration rights and mining rights and the strengthening of State-owned resources (assets) are paid for the use of paid income, etc., and this part of non-tax revenues increases accordingly. In fact, non-tax revenues maintained a relatively high growth rate in the first three quarters of this year. From January to September, the national non-tax revenue was 1,137.8 billion yuan, of which the central non-tax revenue was 283.4 billion yuan and the local non-tax revenue was 1,034.4 billion yuan. The Ministry of Finance said that the cumulative increase in local non-tax revenues was relatively high. First, all extrabudgetary income was included in budget management last year. In some areas, related work was started at the beginning of last year. Most of the relevant funds were included in the budget management in the second half of the year. It is relatively low; the second is to pay off some of the non-tax revenues that were put into storage at the beginning of this year; the third is to strengthen the collection and management of state-owned resources (assets), such as paid use income, and these incomes will increase accordingly. Liu Shangxi believes that the rationality of non-tax revenue cannot be denied across the board. The content of non-tax revenue should be considered. For example, strengthening the paid use of state-owned resources is a reasonable non-tax income.
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