Fiscal revenue guaranteed eight worries next year trend to be observed

He Jianhong for the previous October financial data, experts said that this year's national revenue to protect the eight worries, but next year's financial situation still needs to be further observed. "January-October cumulative 7.5% increase, the result is much better than expected." Dr Shenhong, of China's Xinda Asset management company, said that in August, there was general concern about the target of fiscal revenue, which now appears to be beyond doubt. And the figures have also strengthened confidence in the future economic situation. January-October Cumulative, the national financial expenditure of 4,988,604,000,000 yuan, to break the balance, the current fiscal surplus of 847.776 billion yuan.　　According to this growth trend, even if the economy again to adjust volatility, the fiscal has a stronger intervention strength. Zhiyong, deputy director of the Center for Fiscal and tax research at the Chinese Academy of Social Sciences, said the eight targets for annual revenue growth this year were not in suspense. Data show that the first major tax revenue in October has continued to rise. In the first three quarters, the domestic value-added tax fell 2.4% year-on-year, and January-October cumulative, domestic value-added tax fell 1.5% year-on-year decline has decreased. The increase in income after the conversion of production value-added tax to consumption value-added tax further indicates that the current economic activity is showing signs of recovery. Also the growth of domestic consumption tax, business tax, corporate income tax, personal income tax, and so on, in which, corporate income tax cumulative year-on-year growth of 2.4%, the first time in the year to turn negative.　　While these signs do not fully determine the economic benefits, the upturn is unquestionable. As for the continued rise in value-added tax revenues, Shenhong said, at present, the value-added tax transformation is not as difficult to bear as expected, although it also has a certain impact on taxes, but still in the affordable range. In addition, like this year for the automotive, real estate and other industries issued a series of tax incentives, than initially expected the effect is also obvious, greatly stimulated the growth of related industries. These will provide a good model for the next step in the reform of the tax system.　　If the property tax can be introduced in a timely manner, whether the car, real estate tax preferential policies can be sustained and so on. Despite the worry, but Zhiyong said at the same time, the results of the current Hard-won, especially the tax and revenue departments to pay a lot of effort, in the tax on a great effort. On the whole, a series of structural tax reduction policies, such as VAT transformation, reduce the tax burden of most enterprises.　　But at the same time, we must see that the settlement policy and tax collection and management efforts are also being strengthened, the actual tax burden on the enterprise has a certain impact, in addition, in recent months, the revenue has been kept at 20% or 30% growth rate, which also has a lower base last year factor, this growth can continue to remain, Zhiyong said that, although at present, the national economy runs smoothly, but from the domestic and international situation, next year's economic and financial situation is still worth further observation. From the domestic point of view, in order to deal with the international financial crisis, China has adopted a series of expansionary policies, in due course, should consider the corresponding exit mechanism。 From the international point of view, the world's economic recovery is different. So far, Germany and Japan have recovered well and the UK economy is still in a slump. Despite the upturn in the U.S. economy, unemployment is high and the economy remains unstable. China is a strong export-oriented country, these international factors will have a certain impact on China's future economic trends, next year, the economy still has a lot of uncertainty.