State-owned enterprises profit innovation High Repay society

Source: Internet
Author: User
Keywords State-owned enterprises high innovation cries
Mense revenue, profits, pay taxes three major indicators than "XV" at the end of the two state-owned enterprises sing "three high aria."  Data released yesterday by the Ministry of Finance showed that the national and state-controlled enterprises in 2010, the main indicators of benefit of the country's record high, the total operating income, profits and taxes to pay the three indicators than the end of the "XV" double.  Total operating income exceeding 30 trillion according to statistics, last year, the state-owned enterprises accumulated total operating income of 30,325,370,000,000 yuan, an increase of 31.1%, state-owned enterprises accumulated profits of 1,987,060,000,000 yuan, the year-on-year increase of 37.9%, December than November quarter-on-quarter growth of 6.6%. "The rapid development of state-owned enterprises, improve profitability, the first is inseparable from the success of state-owned enterprises reform, followed by the last two years, the country to deal with the economic crisis, the introduction of a large number of stimulus policies, compared to private enterprises, state-owned enterprises from the more benefits."  Hu Yu, deputy director of the research Department of China Enterprise Federation, told the first financial daily.  Treasury data showed that last year state-owned enterprises should pay tax 2,531,680,000,000 yuan, an increase of 25.6%, December than November quarter-on-quarter growth of 21.6%.  Compared with the national tax revenue, the state-owned enterprises contribute considerably.  The State administration of taxation recently released data shows that 2010, the national tax revenue to achieve stable growth, completed 7.739 trillion yuan. Hu Yu told reporters that with the development of China's market economy, state-owned enterprises in the proportion of the economy gradually down, the economic structure has a significant adjustment. "According to last year's data, we estimate that private enterprises, foreign companies and state-owned enterprises contribute one-third per cent of the national tax."  "Although from the data, state-owned enterprises profit growth is gratifying, but in different industries, the profitability of enterprises still have a big gap." According to data from the National Bureau of Statistics, last 1 ~ November, the national scale of industrial enterprises to achieve profits of 3.8828 trillion yuan, an increase of 49.4%.  Among them, the state-owned and state-controlled enterprises achieve a profit of 1.1924 trillion yuan, an increase of 59.1%. "Because industrial enterprises profit statistics range of large and medium-sized enterprises, although the profit statistics with state-owned enterprises are not consistent, but in simple contrast, still can see, some state-owned enterprises still need to improve profitability."  "Hu Yu said. Earlier, a survey by the Chinese Federation of Companies showed that the profits of large central enterprises concentrated in several industries, such as telecommunications and finance, could reach 70% of the total profits of the SOEs. "In other words, the profitability of many other state-owned enterprises is not outstanding.  "Hu Yu said.  "Dividend" to pay the proportion of state-owned enterprises to increase profits, how to better repay the community?  Handing in "dividends" is a big way.  At the end of last year, the Ministry of Finance issued a circular on the improvement of the central state-owned capital Operation Budget, clarifying that the proportion of "dividend" will be increased, of which the Monopoly enterprise is set at 15%. According to the notice, the central enterprise is divided into four categories, the first three categories of enterprisesShould be turned over 15%, 10% and 5% of the enterprise after-tax profit respectively, the fourth kind of enterprise will exempt the state-owned capital income.  The new ratio will be implemented from January 1, 2011 onwards.  The first type of enterprise has 15 households, from the tobacco, petroleum and Petrochemical, telecommunications, electricity, such as monopoly of central enterprises. Since 2007, central enterprises have been handing over the pilot work of state-owned capital gains to finance.  At that time, the State Council issued the "Trial of state capital operating budget", ending the central enterprises since 1994 only to the government tax, non-payment of dividends history. According to the data provided by the Ministry of Finance, 2007-2009, A total of 157.22 billion yuan in the state-owned capital of the central enterprise, of which the trial stage was 13.99 billion yuan in 2007, 44.36 billion yuan in 2008 and 98.87 billion yuan in 2009, including 60 billion yuan of the special capital gains of telecom enterprises.  2010, the central state-owned capital operating budget revenue is expected to be 42.1 billion yuan, plus a year carry-over income of 1.9 billion yuan, totaling 44 billion yuan. "It is perfectly natural for the central enterprises to turn over their profits. Liu Xin, a professor at the School of Economics and Management at China University of Science and Technology, told reporters, "At present, the net income of private enterprises is 50%~60% to shareholders."  "Liu Xin said.  In his view, the proportion of "dividend" should be gradually increased. The 2010 Asian Development Outlook Update, released last October by the Asian Development Bank, mentions the issue of dividends for state-owned enterprises, suggesting that China redistribute profits from state-owned companies to social spending. According to the ADB's statistics, China's public spending on education, health and social Security is now only 6% of GDP, compared with 28% in developed countries.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.