China’s fiscal revenue for 2009 tops $1 trillion
12:18 / 11.01.2010 China’s national fiscal revenue is expected to have risen by 11.7% in 2009 to CNY6.85 trillion, Finance Minister Xie Xuren was quoted by the offical Xinhua News Agency as saying.
The forecast tally exceeds the 8% growth targeted by the government as part of the 2009 budget report that was agreed by the National People’s Congress at its annual meeting in March.
Xie also said that the 2009 fiscal deficit was within the CNY950 billion targeted by the government.
He said that the central government plans CNY992.7 billion in public spending -- government investment in social welfare and infrastructure - for its 2010 budget, compared with 2009’s budget of CNY908 billion.
Xie said that this year’s public spending will mark the end of the CNY1.18 trillion that Beijing pledged to offer directly out of the CNY4 trillion stimulus packaged introduced at the end of 2008 to counter the impact of the global financial crisis, Imarketnews reported.Bu yazı ( 272 ) - dəfə oxunmuşdur
