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 contents of
government revenue include 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 construct 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 leaf tax, etc.
(2)
Non-tax revenue, including special program receipts, charge of administrative
and institutional units, penalty receipts and others non-tax receipts.
Government
Revenue at the current decentralized taxation system is divided into the
central level revenue and local level revenue.
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 energy conservation and 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, aid to other regions, expenditure for affairs of land resources
and weather, expenditure for affairs of housing security, expenditure for
affairs of grain & oil reserves, interest payment for public 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.
Retail Price Indices
reflects
the trend and degree of change in retail prices of commodities during a given
period. The change in retail prices of commodities is related to government
revenue, the equilibrium of market supply and demand, and the ratio of
consumption to accumulation. Therefore, the retail price indices are useful
from an oblique perspective for observing and analyzing the changes of the
above economic activities.
Price Indices for Means of Agricultural Production reflects the trend and degree of changes
in the prices of the means of agricultural production during a given period.
Compilation of these indices helps to understand the changes in prices of input
into agricultural production and facilitate the compilation of national
accounts statistics. Before 1994, price indices for means of agricultural
production were a sub-category in the retail price indices for commodities, and
it has been compiled separately since 1994.
Consumer Price Indices
reflects the trend and degree of changes in prices of consumer goods and
services purchased by urban and rural residents, and is a composite indices
derived from the urban consumer price indices and the rural consumer price
indices. The indices enable the observation and analysis of the degree of
impact of the changes in the prices of retailed goods and services on the
actual living expenses of urban and rural residents.
Urban Consumer Price Indices
reflects the trend and degree of changes in prices of consumer goods and
services purchased by urban households during a given period. It can be used to
observe and analyze the impact of price changes in consumer goods and services
on urban household income and consumption expenditure.
Rural Consumer Price Indices
reflects the trend and degree of changes in prices of consumer goods and
services purchased by rural households during a given period. It can be used to
observe the impact of change in retail prices of consumer goods and service
prices on rural household income and consumption expenditure on living.
Ex-factory Price Indices of Industrial Producers reflects the trend and degree of changes
in general ex-factory prices of all industrial products during a given period,
including sales of industrial products by an industrial enterprise to all units
outside the enterprise, as well as sales of consumer goods to residents. It can
be used to analyze the impact of ex-factory prices on gross output value and
value-added of the industrial sector.