Explanatory Notes on Main Statistical Indicators

General Public Budget 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.

General Public Budget 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 and family planning, 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 resource exploration and information, expenditure for commerce and services, expenditure for finance supervision, aid to other regions, expenditure for land ocean and weather, expenditure for affairs of housing security, expenditure for 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,

General Public Budget Revenue of the Central Government and the Local Governments The general public budget 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 from 1, Jan. to 30, July, 50% the share part of the corporate income tax from 1, May to 31, Dec., 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, stamp tax on securities transactions, resource tax on the offshore petroleum resources. The general public budget 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 (not including stamp tax on security exchange), the value added tax (25% from from 1, Jan. to 30, July, 50% from 1, May to 31), 40% the share part of the corporate income tax, 40% of individual income tax, resource tax other than the tax on offshore petroleum resources, local non-tax revenue, etc.

General Public Budget Expenditure of the Central Government and 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. General Public Budget 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. General Public Budget 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 reflect the trend and degree of changes in prices of consumer goods and services purchased by urban and rural households during a given period. They are obtained by combining Consumer Price Indices of Urban Household and Consumer Price Indices of Rural Household. 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 reflect 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.