China revenues 2.57 trillion yuan in Feb,Jan

• Ministry figures released today show that in January-February, China's fiscal revenue rose 3.2%, to 2.57 trillion yuan. Fiscal expenditure rose 10.5%, to 1.89 trillion yuan.
  Treasury data shows that in 2014, national General public finance revenue rose 8.6%, down 4.3 and 1.6% than in 2012 and 2013 respectively; national General public expenditure rose from 8.2%.
  Of these, the first two months, domestic value-added tax rose 2.2%, last year's annual growth rate was 7.1%; 2.5% growth from domestic consumption tax, annual growth was 8.2% last year.
  Certain kinds of changes in the growth of the larger. First 2 months of the year, individual income taxes fell 7.1%, 12.9% for growth throughout the past year.
  It is worth mentioning that, in January-February, imports fell 9.7% value-added tax, consumption tax, last year, for an increase of 3%; duties fell 5.3%, last year, for an increase of 8.1%. Treasury Department explained, mainly affected by import prices for crude oil, iron ore and other commodities falling sharply, while imports declined.
  2 months ago, the national export rebates grew 34.5%, last year, for an increase of 8%. The Finance Ministry said, mostly local taxation departments to accelerate the export tax rebate process, promote stable export growth.
  In his Government work report, China will be 2015 fiscal policy tone for "proactive fiscal policy", a deficit ratio increased to 2.3% from 2.1% in 2014.
  Detailed data released today by the Treasury website for:
  By January-February, the national public budget income 2.5717 trillion yuan, up 3.2% over the previous year; consider part of their Government-controlled funds general influence public budgets, the same caliber 1.7%. Among them, the Central Government general budget revenue 1.1575 trillion yuan, down 1.7%, 1.8% drop in the same caliber (January-February imbalance canceling export tax rebates, to eliminate it is rather high, increasing by 1.8%). Local level the general public budget income 1.4142 trillion yuan, an increase of 7.5%, the same caliber 4.7%. National public budget income tax income of 2.2361 trillion yuan, an increase of 0.8%.
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