July revenue growth more optimistic than expected

Local income of 358.315 billion yuan, increase 21.7%, than June high 4.4% "Caixin Net" (reporter Wangchangyong) July national revenue 778.318 billion yuan, than last year's same month increase 16.2%.　　The figures, released August 11 by the Ministry of Finance, are clearly more upbeat than previous official forecasts. National revenue rose 14.7% in June, well below the 20.5% increase in May.　　At that time, the Ministry of Finance analysis that in the last few months, the revenue growth will continue to fall, the annual revenue increase will be "before high and low" trend, but 2010 fiscal revenue will be "a certain amount of over-enrolment." The July national revenue increase is higher than June, mainly due to the contribution of local income growth.　　According to the Ministry of Finance data, July, the central level income of 420.003 billion yuan, increase 11.9%, local income of 358.315 billion yuan, increase 21.7%, higher than June 4.4%. Treasury data show that January-July cumulative, the national revenue of 5,113,297,000,000 yuan, the same period last year, increased by 1,046,092,000,000 yuan, an increase of 25.7%.　　The National revenue growth in the first seven months is still well above the 2010 budget target of 8%. For the trend of fiscal revenue, the Ministry of Finance analysis that the past few months, by the rapid economic recovery led to tax growth, and last year, a sharp decline in income, the base is very low factors, the national revenue increase higher.　　In recent months, as the economy began to rebound in the same period last year, fiscal revenue gradually increased, the base has increased and the consumption tax this year to increase the income factor gradually disappeared, the increase in revenue significantly fell.　　The Ministry of Finance announced that in the next few months, as the economy rebounded last year, the income base further elevated, and the second half of this year, economic growth gradually slowed down, revenue growth will continue to fall, the annual revenue growth will be "before high and low" trend. Today, the National Bureau of Statistics released data shows that July industrial growth above the value of the increase of 13.4%, compared with June fell 0.3%; January-July, urban fixed asset investment growth of 24.9%, compared with the first half fell 0.6%; July Total retail sales of consumer goods grew 17.9% year-on-year. Fell 0.4% from June.