国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

China under pressure to meet fiscal revenue budget target

(Xinhua) Updated: 2015-06-29 07:48

China under pressure to meet fiscal revenue budget target

China's Minister of Finance Lou Jiwei takes questions from journalists at a news conference during the ongoing two sessions in Beijing, March 6, 2015. [Wang Jing / chinadaily.com.cn]

BEIJING - The Chinese government is under high pressure to meet its budget target for central fiscal revenue this year, finance minister Lou Jiwei warned on Sunday, citing slowing fiscal revenue growth.

The central treasury received 2.95 trillion yuan (about $475 billion) from January to May, a year-on-year growth of two percent, Lou said when briefing lawmakers on a State Council report on the final accounts for 2014.

The increase is far below the previously budgeted growth rate of five percent.

Total national fiscal revenue reached 6.43 trillion yuan in the same period, up 3.1 percent year on year.

Chinese economy grew 7.4 percent in 2014, the weakest annual expansion in 24 years. This year's growth target is set at approximately 7 percent.

The government has resorted to reform and structural optimization for stronger growth, said Lou.

"With the new growth engines still in the making, external demand contracting and internal contradictions aggregating, there has been considerable downward pressure on the economy," he said.

That, among other factors, has put the central government under "considerable pressure to meet its fiscal revenue target ... for the rest of the year," Lou said.

The finance minister, meanwhile, said the government has undertaken a series of measures to steady growth and restructure the economy. Some measures "have worked, or are working," Lou said.

The government will stick to the strategic development blueprint of the "Four Comprehensives" and focus on achieving the dual objectives of "maintaining medium-high growth and moving toward medium-high development," he said.

The State Council report was submitted to the Standing Committee of the National People's Congress (NPC) at its ongoing bi-monthly session, presided over by Zhang Dejiang, chairman of the NPC Standing Committee.

In 2014, the general public budget revenue grew 7.1 percent year on year to 6.45 trillion yuan, while the expediture rose 8.3 percent to 7.42 trillion yuan, the report read.

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
从化市| 交口县| 丰原市| 尉犁县| 拉萨市| 屏南县| 台东县| 孝昌县| 汽车| 隆昌县| 武平县| 甘谷县| 福建省| 尚义县| 莱西市| 北辰区| 宜阳县| 白朗县| 兴隆县| 莆田市| 湘潭市| 平利县| 富阳市| 茶陵县| 遵义市| 财经| 临海市| 通江县| 合作市| 本溪市| 万安县| 天门市| 天等县| 申扎县| 迭部县| 永靖县| 屏东县| 博乐市| 新河县| 隆尧县| 丰镇市|