Beijing last year sold land to make 47.7 billion of land sales first in financial report

"King" Frequency of 2009, so that Beijing sales volume soared to more than 90 billion yuan. Yesterday, the Municipal Finance Bureau reported to the Municipal People's Congress the financial situation in 2009 and 2010. The report said Beijing last year earned 267.88 billion yuan, with a net income of 47.7 billion yuan. It is reported that the first time this year, the government's revenue sales to the financial report, so that the NPC deputies supervision, the move marks the government's revenue and expenditure budget system more perfect and transparent.　　Meanwhile, Beijing has lowered its forecast for 2010 revenue growth to 9%, its lowest forecast for 5 years.　　The revenue from land sales is part of the Government fund budget, said Yang Xiaoxu, director of the Beijing Finance Bureau, that the government funds are earmarked for the fund, and some of the income is carried over to the next year. >> Summary of the 2009 Over-enrolment 14.8 billion budget report does not understand, is the representative of the most common problem, a large budget in previous years to many representatives understand the links between the number of the link brought a great obstacle, "do not understand can not be supervised."　　"This year's financial report is very clear, and it is particularly noteworthy that the Government fund budget was first included in the financial report!"　　Yang Xiaoxu said in the report, the municipal government fund income of 43.76 billion yuan, an increase of 29.4%, the main reason for exceeding the budget is to sell land over-enrolment 14.86 billion yuan. >> estimates that this year's municipal land sales net income of only 12.1 billion Yang Xiaoxu said that 2010, the government is expected to land sales of 38.4 billion yuan, municipal land sales revenue of 12.1 billion yuan. From the comparison of figures can be seen, last year, the city-level sales revenue part of the 14.8 billion, and this year's municipal land transfer income estimates only 12.1 billion, accounting for 2009 years of 40.5%.　　Why is this happening? Yang Xiaoxu explained, the city eight area of land transfer gold income half to the city finance, half return to counties. and suburban county land transfer proceeds all return to each district.　　At present, more and less land can be developed in Beijing's eight and core areas, so there is less land income at the municipal level.　　>> interpretation of the "Land King" frequency is to make the government land sales increase Reporter: Last year, the government sold land, why can over-enrolment 100多个亿? Municipal Finance Bureau deputy director Meng Jingwei: The second half of last year after the real estate market warmer, but also a "blowout" of the growth, including land prices are also rising.　　At the same time, there are many kings in Beijing, resulting in a substantial increase in the income of land transfer, especially in the two months of November and December.　　Reporter: Last year, sales turnover of 92.27 billion yuan, why net income only 47.7 billion yuan?　　Meng Jingwei: In fact, the income of land sales is 47.7 billion yuan, part of the direct access to the state-owned Land Income fund subjects, and some of the agricultural development expenditure, according to the policy needs from the land income extraction. In addition, the Government's land reserve costs are also included in the developer's first-level development costs to be deducted before the formation of government receipts, there will be a number difference. Reporter: Municipal revenue of 112.38 billion yuan, and municipal sales of 29.91 billion yuan, equivalent to One-third of revenue.　　Is there a sound that says Beijing's economy is unhealthy? Meng Jingwei: These two numbers cannot be compared simply, the composition of municipal financial revenue is mainly personal income tax, Enterprise income tax, VAT, business tax, etc., reflecting the economic development, enterprise benefits and the income of residents.　　The high land yield is a direct reflection of the future economic better expectations, of course, to excluding price factors. The availability of land has proved that the construction is active, the development is active, all the social chains are more active. Of course there are also price problems, that is, the land price problem, so the problem is very complex, can not be simply analyzed and compared.