日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Finance Minister denies 300b yuan govt spending of public funds

(Xinhua/chinadaily.com.cn) Updated: 2015-03-06 11:42
Finance Minister denies 300b yuan govt spending of public funds

China's Minister of Finance Lou Jiwei (second of left) takes questions from journalists at a news conference during the ongoing two sessions in Beijing, March 6, 2015. [Wang Jing / chinadaily.com.cn]

Local government debt

The risk of China's local government debt is generally controllable, Lou said.

"China's local government debt problem is a fact," Lou said, "the government is guarding against regional financial risks."

"On the whole," he said, "the risk of China's local government debt is controllable."

Tax reform

Government's plan to transform business tax to value-added tax will expand to immovable property in 2015, although calculating the tax rate is difficult, Lou said. The taxpayer will benefit from the step.

Hong Kong and yuan-dominated treasuary bonds

China will continue to issue yuan-denominated treasury bonds in Hong Kong Special Administrative Region, Lou said. 

Hong Kong has been given the unique position in floating yuan-denominated treasury bonds, because the majority of offshore renminbi is traded in Hong Kong and it is China's territory, he stressed.

Tax Preference policies under "new normal"

It is part of reform to increase tax preference policies, especially regional tax preference policies, said Lou. "There will be no new policies added, we will focus on putting the old policies in order and maintain a fair competition based on the market."

According to Lou, not only China's economy is entering the new normal, the global economy is entering the new normal as well. "It is a de-leveraging process ever since the global economic crisis in 2008, different countries are undertaking the effect differently," said Lou. Under an unclear momentum of global economic recovery, China needs to face the downward pressure and adopt a moderate expansion policy, added Lou.

Data and background

Central government spending this year is expected to total 2.5 trillion yuan, up 10.4 percent, to which a further 27.9 billion yuan ($4.46 billion) is to be added in funds carried over from previous years, according to a report released by Ministry of Finance on Friday.

Major progress has been made in reforming the fiscal and tax systems, said the report. In 2014, the ministry worked to ensure that constraints on budgets were tightened, fiscal and budgetary management was made more standardized, further improvements were made to the system for managing government debt and financial discipline was strengthened.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 91日韩欧美 | 91精品在线观看入口 | 国产精品毛片一区视频播 | 日韩成人在线播放 | 青青操精品 | 影音先锋国产 | 国产91高清 | 91成人在线播放 | 亚洲欧美第一页 | 99热这里只有精品3 91真精 | 中国大陆高清aⅴ毛片 | 91激情四射 | 日韩免费在线观看视频 | 中文字幕一区在线观看 | 影音先锋在线视频观看 | 一区二区三区国产视频 | 九九热九九热 | 四虎私人影院 | 久久久久久中文字幕 | 不卡成人 | 国产精品女人久久久 | 欧美一区二区三区免费看 | 国产精品久久久久久久天堂第1集 | 精品一二三四区 | 精品国产999久久久免费 | 国内毛片| 三级视频国产 | 大地资源第二页在线观看高清版 | 老女人连续高潮呻吟 | 成人午夜av| 久久av资源 | 亚洲91精品 | 色综合天天综合网天天狠天天 | 欧美成人免费在线视频 | 国产三区视频在线观看 | 免费特黄视频 | 日本免费一区二区三区 | 青青草原伊人 | 少妇久久久久久久 | 日韩欧美一卡二卡 | 草在线视频 |