久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

chinadaily.com.cn
left corner left corner
China Daily Website

Lawmakers call for expediting fiscal reforms

Updated: 2013-06-28 20:11
( Xinhua)

BEIJING - Senior lawmakers Friday stressed the importance of hastening fiscal system reforms in order to cope with economic difficulties.

Members of the Standing Committee of the National People's Congress (NPC) expressed concerns about a slowdown in government revenues and the soaring debts of local governments when reviewing a State Council report on the central government's final accounts for 2012 and the 2012 audit report from the National Audit Office (NAO), which were both submitted on Thursday.

The reforms are necessary in order to transform China's economic growth pattern and solve financial problems, said Wu Xiaoling, a member of the NPC Standing Committee and former vice governor of the People's Bank of China, at a panel discussion.

"A number of problems exposed by the NAO report have turned up year after year, as they are mainly rooted in the current fiscal system," Wu said.

The NAO report warned that debts owed by 18 provincial-level governments and municipalities have risen sharply, hitting 3.85 trillion yuan ($626 billion) by the end of last year.

Some governments have relied too much on land revenues and new borrowing to repay old debts, according to the report.

In many cases, local governments have not had enough fiscal revenue to support all of the public services that the central government asks them to provide, forcing them to borrow money, Wu said.

As the country continues efforts to replace the business tax with a value-added tax (VAT) in order to boost the service sector, the tax revenues of local governments might continue to drop, she said.

Meanwhile, slower economic growth will affect fiscal revenues at both the central and local levels, she said.

"We need to adjust the taxation system so that local governments will have stable revenues," she said.

Essential reforms are also needed in light of other upcoming challenges, she said, citing a current liquidity shortage that she believes resulted from active fiscal and monetary policies in previous years.

Lawmakers also urged local governments to prepare themselves for thinner wallets.

"Fiscal revenues might not be able to maintain high growth as in previous years," said Lyu Zushan, a member of the NPC Standing Committee and former governor of east China's Zhejiang Province.

Slow and moderate growth might be the norm for the next few years, he said.

According to the State Council report, the central government had a fiscal revenue of 5.62 trillion yuan ($910 billion) last year, a year-on-year increase of 9.4 percent, compared with 20.8-percent growth in 2011.

On Thursday, Finance Minister Lou Jiwei told lawmakers that the central government may be under great pressure to achieve this year's target of 7-percent growth.

"The government should think about how to balance lower revenues and more expenses. Further expanding the financial deficit is not a good solution," Lyu said.

8.03K
 
...
...
...
主站蜘蛛池模板: 欧美一级一片 | 黄色理论视频 | 免费在线成人 | 日韩毛毛片 | 九草视频在线观看 | 国产精品秒播无毒不卡 | a级片免费 | 怡红院在线a男人的天堂 | 韩国一级永久免费观看网址 | 国产亚洲欧美日韩在线观看不卡 | 日本www高清免费视频观看 | 精品国产午夜久久久久九九 | 久久久国产成人精品 | 国产精品亚洲精品日韩已满 | 广东毛片 | 免费观看日本高清a毛片 | 欧美一区二区三区免费不卡 | 亚洲国产欧美在线人成 | 日韩中文在线观看 | 久草在线看片 | 失禁h啪肉尿出来高h男男 | 最新主播福利视频在线观看 | 女人叉开腿让男人捅 | 日本 欧美 在线 | 亚洲精品在线观看视频 | 久久国产精品高清一区二区三区 | 三级黄色免费网站 | 人人爽人人香蕉 | a级免费网站 | 91精品手机国产在线能 | 伊人久久精品午夜 | 99j久久精品久久久久久 | 中国美女一级黄色片 | 97免费公开视频 | 欧美激情一区二区三区高清视频 | 亚洲国产欧美一区二区欧美 | 久久久久久久国产精品影院 | 激情宗合网 | 三级久久 | 黄色一级片在线看 | a级毛片毛片免费观看永久 a级毛片毛片免费很很综合 |