Explanatory Notes on Main Statistical Indicators

Government Revenue refers to income for the government finance through participating in the distribution of social products. It is the financial guarantee to ensure government functioning. The government revenue includes the following main items: (1) Various tax revenues including domestic value added tax (VAT), domestic consumption tax, VAT and consumption tax from imports, VAT and consumption tax rebate for exports, business tax, corporate income tax, individual income tax, resource tax, city maintenance and construction tax, house property tax, stamp tax, urban land use tax, land appreciation tax, tax on vehicles and boat operation, ship tonnage tax, vehicle purchase tax, tariffs, farm land occupation tax, deed tax, and tobacco tax, etc. (2) Non-tax revenue, including special program receipts, charge of administrative and institutional units, penalty receipts and others non-tax receipts.

Government Expenditure refers to the distribution and use of the funds which the government finance has raised, so as to meet the needs of economic construction and various undertakings. It includes the following main items: expenditure for general public services, expenditure for foreign affairs, expenditure for national defence expenditure for public security, expenditure for education, expenditure for science and technology, expenditure for culture, sport and media, expenditure for social safety net and employment effort, expenditure for medical and health care, expenditure for environment protection, expenditure for urban and rural community affairs, expenditure for agriculture, forestry and water conservancy, expenditure for transportation, expenditure for affairs of exploration, power and information, expenditure for affairs of commerce and services, expenditure for affairs of financial supervision, expenditure for affairs of land and weather, expenditure for affairs of housing security, expenditure for affairs of management of grain & oil reserves , interest payment for domestic and foreign debts.. Government expenditure is divided into central government expenditure and local government expenditure according to the different functions of the governments played in economic and social activities,

Revenue of the Central Government and Revenue of the Local Governments The revenue of the Central Government includes tariff, VAT and consumption tax from imports, VAT and consumption tax rebate for exports, consumption tax, business tax and city maintenance and construct tax from the Ministry of Railways, head offices of banks, head offices of insurance company, which are handed over to the government in a centralized way, 75% of the value added tax, 60% the share part of the corporate income tax, unshared part of corporate income tax of the central enterprises, profit handed in by the central enterprises, 60% of individual income tax, vehicle purchase tax, ship tonnage tax, 97% of stamp tax on securities transactions, resource tax on the offshore petroleum resources. The revenue of the local governments includes business tax (excluding the part of the Ministry of Railways, head offices of banks, head offices of insurance company, which are handed over to the government in a centralized way), profit handed in by the local enterprises, city maintenance and construct tax (excluding the part of the Ministry of Railways, head offices of banks, head offices of insurance company, which are handed over to the government in a centralized way), house property tax, urban land use tax, land appreciation tax, tax on vehicles and boat operation, farm land occupation tax, deed tax, and tobacco leaf tax, stamp tax, 25% of the value added tax, 40% the share part of the corporate income tax, 40% of individual income tax, 3% of stamp tax on securities transactions, resource tax other than the tax on offshore petroleum resources, local non-tax revenue, etc.

Expenditure of the Central Government and Expenditure of the Local Governments according to the different functions of the Central Government and local governments in economic and social activities, the rights of affairs administration are demarcated between those of the Central Government and those of local governments; and the classification of the expenditure between the Central Government and local governments are made on the basis of the classification of the rights of affairs administration between them. The expenditure of the Central Government includes the expenditure for general public services, expenditure for foreign affairs, expenditure for public security, and the expenditure of the Central Government for adjusting the national economic structure; coordinating the development among different regions; and exercising macroeconomic regulation. The expenditure of the local governments includes mainly the expenditure for general public services, expenditure for public security, and expenditures for social development which are planed by local governments, etc.