Beijing April Fiscal increase over 30% under the pressure of the second half of the property market adjustment

Source: Internet
Author: User
Keywords Property market second half 30% top four pressure big
Tags business business tax finance financial financial situation high market market adjustment
The city finance Bureau said that by the property market adjustment stock market fluctuations and other factors, is expected to increase the second half of the pressure of fiscal increase (reporter Li Liqiang) this year in April, the Beijing Municipal finance year-on-year increase of 30%.  Yesterday, the Beijing Municipal Finance Bureau Director Yang Xiaoxu to the City Standing Committee report the current financial situation, said by the real estate market and other factors, the annual revenue growth is expected to increase "before the high and low." Yang Xiaoxu Introduction, 1-April, the city's revenue completed 89.28 billion yuan, an increase of 33.8%, the completion of the annual budget of 40.4%. Fiscal expenditure completed 62.13 billion yuan, complete the annual budget of 27%.  In the first four months, Beijing's economy continued to rebound, with GDP growth of 14.9% per cent in the first quarter, up 3.5% from last year's four quarter.  He said that the first four months of high income growth, the macroeconomic situation is good, the first half of the end of the increase in the tail and the lower base of the combined effect of the results. The report shows that the number of major taxes in the year-on-year increase in business tax, the first four months cumulative completion of 34.43 billion yuan, an increase of 39.6%, the completion of the annual budget of 41.4%.  Real estate and related industries are the leading factors of income, of which January-March real Estate sales tax growth of 118.7%. On the second half of the financial situation, Yang Xiaoxu said, under the action of a series of regulatory policies, the real estate market into the adjustment period, the stock market also appeared volatile fluctuations, the later increase in the pressure of fiscal increase. This 1-April, the cumulative increase in revenue has shown a "low walk" trend.  Preliminary judgment, the annual revenue growth will appear "before high and low" situation. The focus of the "real estate market into the adjustment period" business tax increase decline; in the second half of April, second-hand housing transactions Yang Xiaoxu said that, since the end of last year, by the real estate preferential policy adjustment, investment, speculative demand and improved demand burst, help push real estate transaction volume and price high operation, and with last year's low cardinal effect superimposed,  Form this year's rapid growth situation. However, he said, with the central and Beijing regulation and control policies, the real estate industry policy guidance has turned, the real estate market into the adjustment period.  Affected by this, the real estate business tax increase quarter-on-quarter decline, the real estate industry income tends to adjust. Finance Bureau spokesman Meng Jingwei said that the housing price regulation on the financial impact is now emerging, the real estate industry as an important pillar industry on the tax has a great impact on the upstream and downstream of a strong concern, architecture, design, raw materials have influence.  He said that the current policy effect is difficult to judge, but from the second-hand housing market can be seen, the second half of April trading volume less than 60% of the last half of the month, which certainly caused the decline in revenue, mainly business tax. Relevant news government department budget next year full public budget unit compressed general expenditure of 360 million yuan (reporter Li Liqiang) yesterday, Yang Xiaoxu in the report said that this year to further promote the budget open. The Government budget report submitted to the municipal NPC will be further refined next year. In addition to the secret units, after the municipal NPC to consider the approval of the government budget and departments in advanceAll are open to society. Finance Bureau spokesman Meng Jingwei introduced next year, the Department of Public budget will be refined.  Last year, Beijing's departmental budget was open to 30, and this year it has risen to 45, with 46 departments being kept open next year, with the exception of secrecy.  The report also disclosed that this year to compress municipal budget units meeting, training, printing, go abroad, travel, vehicle acquisition and other general expenditure of 5%, a total of 360 million yuan, compressed funds mainly for the municipal government to determine the key issues. In addition, we should improve the fund guarantee mechanism of the grassroots political and political institutions and support the security maintenance. Meng Jingwei said that this is mainly aimed at grassroots units to ensure the standardization of their equipment equipped.
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