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2013 Budget Implementation & 2014 Draft.pdf

2014Budget_Eng.pdf
Preview of 2013 Budget Implementation & 2014 Draft
🔗 Source: online.wsj.com
📊 Size: 1.16 MB
📄 Pages: 28 pages
⬇️ Downloads: 28

Summary

- 2013 Budget Implementation: The central and local budgets were generally well-implemented, with key achievements including:
- Maintaining a deficit of 2.1% of GDP without resorting to short-term stimulus policies.
- Implementing preferential fiscal and tax policies, benefiting over six million small businesses and abolishing numerous administrative fees.
- Reviewing and optimizing government financial resources, phasing out central investment in competitive areas, and redirecting funds to major infrastructure projects.
- Strengthening policy implementation oversight and improving public finance systems.

- NPC Budget Resolution Implementation: Key improvements and actions taken include:
- Fiscal and Tax Policies: Supporting scientific and technological innovations, advancing industrial restructuring, strengthening energy conservation, and promoting foreign trade transformation.
- People's Livelihood Investment: Effectively implementing policies to improve people's livelihood while ensuring sustainable public finance, evaluating key expenditures, and coordinating efforts across sectors.

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Description

Central and local budgets largely met targets, with revenue and expenditure closely managed.

Technical Information

  • File Format: PDF
  • File Size: 1.16 MB
  • Pages: 28
  • Language: EN
  • Total Downloads: 28
  • Last Updated: 1 month ago

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