the first session of the 11th national people's congress passed a resolution on the implementation of the central and local budgets in 27 and 28, and approved the central budget in 28.

According to Xinhua News Agency reported on March 21st, the first meeting of the 11th National People's Congress passed a resolution on the implementation of the central and local budgets in 27 and 28, and approved the central budget in 28. The full text (1/2) is as follows:

1. On the implementation of the central and local budgets in 27

In 27, Guided by Deng Xiaoping Theory and Theory of Three Represents, the people of all ethnic groups throughout the country have thoroughly implemented Scientific Outlook on Development, fully implemented the central principles and policies and the relevant decisions and resolutions of the Fifth Session of the Tenth National People's Congress. The national economy has maintained a good momentum of rapid growth, structural optimization, improved efficiency and improved people's livelihood, and the implementation of the central and local budgets is also relatively good.

the national fiscal revenue was 5,13.43 billion yuan, an increase of 1,254.383 billion yuan or 32.4% compared with 26 (the same below), accounting for 116.4% of the budget. Among them, the income of the central government at the corresponding level is 2,773.899 billion yuan, and that of the local government at the corresponding level is 2,356.54 billion yuan. The national fiscal expenditure was 4,956.54 billion yuan, an increase of 914.267 billion yuan or 22.6%, accounting for 16.6% of the budget. Among them, the central level expenditure was 1,144.54 billion yuan, and the local level expenditure was 3,812.36 billion yuan.

from the implementation of the central budget, the central fiscal revenue was 2,858.949 billion yuan, an increase of 734.56 billion yuan or 34.6%, accounting for 117.1% of the budget. Among them, the central government's income at this level is 2,773.899 billion yuan, and the local government's income is 85.5 billion yuan. The central financial expenditure was 2,955.749 billion yuan, an increase of 66.464 billion yuan or 25.8%, accounting for 11% of the budget. Among them, the central government's expenditure at this level is 1,144.54 billion yuan, and the expenditure on local tax refund and transfer payment is 1,811.245 billion yuan. In addition, the central budget stabilization fund of 13.2 billion yuan was arranged for future use. The central fiscal deficit is 2 billion yuan, 45 billion yuan less than the 245 billion yuan approved by the Fifth Session of the Tenth National People's Congress. At the end of 27, the balance of national debt of the central government was 5,27.465 billion yuan, which was within the annual budget limit of 5,336.553 billion yuan.

The implementation of the central financial expenditure (including the expenditure at the central level and the expenditure on tax refund and transfer payment to local governments) mainly includes: the expenditure on education was 17.635 billion yuan, up by 76%, accounting for 125.4% of the budget; Expenditure on science and technology was 99.999 billion yuan, up by 26%, accounting for 113.5% of the budget. Expenditure on social security and employment was 23.316 billion yuan, up by 13.7%, accounting for 114.1% of the budget. Medical and health expenditure was 66.431 billion yuan, up by 296.8%, accounting for 212.4% of the budget. Expenditure on environmental protection was 78.21 billion yuan, up by 61%, accounting for 164.7% of the budget. Expenditure on agriculture, forestry and water affairs was 127.449 billion yuan, an increase of 43.9%, accounting for 16.2% of the budget; Expenditure on industrial, commercial and financial affairs (including safe production, storage of important materials such as grain, cotton and oil, and settlement of the principal and interest of policy grain financial losses) was 242.916 billion yuan, up by 41%, accounting for 127.9% of the budget; National defense expenditure was 348.277 billion yuan, an increase of 18.1%, accounting for 1.3% of the budget; Expenditure on general public services was 232.31 billion yuan, up by 5%, accounting for 1.4% of the budget, of which 99.345 billion yuan was paid in interest on domestic and foreign debts. Expenditure on local tax rebates and financial transfer payments was 1,92.435 billion yuan, an increase of 21.2%, accounting for 18.1% of the budget.

judging from the implementation of local budgets, the local fiscal revenue was 4,167.749 billion yuan, an increase of 987.246 billion yuan or 31%, accounting for 114.9% of the budget.

among them, the local revenue at the corresponding level is 2,356.54 billion yuan, and the revenue from central tax refund and transfer payment is 1,811.245 billion yuan. The local fiscal expenditure was 3,897.86 billion yuan, an increase of 775.226 billion yuan or 24.8%, and 17.4% of the budget was completed. Among them, the local level expenditure was 3,812.36 billion yuan, and the central government expenditure was 85.5 billion yuan. 36.7% of local expenditures at this level come from central financial transfer payments, of which 54.1% of expenditures at this level in central and western regions come from central financial transfer payments. The local fiscal revenue and expenditure are in balance, with a carry-over and balance of 27.663 billion yuan (mainly due to the unfinished projects and balance funds that need to be carried forward in the part of the central and local fiscal revenue arrangements). The above-mentioned budget execution figures will change after the final accounts are compiled and summarized.

The budget implementation and financial operation in 27 are as follows:

(1) The national fiscal revenue grew rapidly

In 27, the national economy maintained steady and rapid development. On this basis, finance, taxation, customs and other departments at all levels have vigorously promoted the administration of taxes according to law, actively implemented scientific and refined management, improved the quality and efficiency of tax collection and management, and standardized the management of non-tax revenue. The national fiscal revenue has maintained rapid growth. Among them, the domestic value-added tax was 1,547.11 billion yuan, an increase of 21%, accounting for 18.5% of the budget; Domestic consumption tax was 22.69 billion yuan, up by 17%, accounting for 17.4% of the budget; The value-added tax and consumption tax on imported goods reached 615.221 billion yuan, up by 24%, accounting for 19.3% of the budget. The value-added tax and consumption tax on export goods were refunded by 563.5 billion yuan, up by 15.5%, accounting for 115.5% of the budget (accounting for income reduction); The business tax was 658.199 billion yuan, an increase of 28.3%, accounting for 113.6% of the budget; Enterprise income tax was 876.947 billion yuan, an increase of 37.9%, accounting for 12.2% of the budget; Personal income tax was 318.554 billion yuan, an increase of 29.8%, accounting for 11.8% of the budget; Stamp duty was 226.176 billion yuan, an increase of 5.5%, accounting for 545% of the budget; The tariff was 143.254 billion yuan, an increase of 25.5%, accounting for 114.6% of the budget; Non-tax revenue was 569.14 billion yuan, an increase of 22.8%, accounting for 111.2% of the budget.

It should be noted that the rapid growth of national fiscal revenue is mainly due to the steady and rapid development of the national economy, structural optimization, improved efficiency and strengthened revenue collection and management. At the same time, there are also some special, policy and one-time income-increasing factors, which mainly include: first, the securities market is active and the applicable tax rate is increased, and the stamp duty on securities transactions is increased by 182.585 billion yuan; Second, the export tax rebate policy was adjusted, and the tax rebate was reduced by 4 billion yuan, which was correspondingly reflected in the increase in income; Third, the income from the sale of state-owned assets by railway transport enterprises was 19.6 billion yuan, which was a one-time income; Fourth, the special oil revenue was 5.14 billion yuan, an increase of 12.937 billion yuan. (Only two quarters were collected in 26)

The national fiscal revenue exceeded the budget by 723.9 billion yuan, of which the central fiscal revenue exceeded by 416.8 billion yuan. The main reason is that the actual growth rate of the national economy is higher than the expected target, especially the actual growth of industrial and commercial added value, fixed assets investment, total foreign trade import and export, total retail sales of social consumer goods and profits realized by enterprises directly related to taxation are much higher than the expected target, and the corresponding actual tax revenue is also higher than the budget. During the implementation of the annual budget, the state introduced some new policies according to the need of strengthening and improving macro-control, such as the adjustment of stamp duty on securities transactions and export tax rebate policy, which increased a part of income accordingly; Tax collection and management has been strengthened, and the collection rate has been further improved. According to the Budget Law of the People's Republic of China, the Law of the People's Republic of China on Supervision of the Standing Committees of People's Congresses at All Levels, the Decision of the NPC Standing Committee on Strengthening the Examination and Supervision of the Central Budget and the relevant decisions and resolutions of the Fifth Session of the Tenth National People's Congress, and carefully studying and absorbing the opinions and suggestions of the the National People's Congress Standing Committee (NPCSC) Law Enforcement Inspection Team, the relevant special committees of the National People's Congress and some deputies to the National People's Congress, the excess revenue of the central government is mainly used for handling expenses in addition to increasing relevant expenses according to law.

First, according to the current financial system and regulations, the expenditure will be increased by 11.4 billion yuan. Among them, 66.7 billion yuan of general transfer payments and tax rebates to local governments were increased, 11.7 billion yuan of excess vehicle purchase tax was earmarked for highway construction such as maintenance and reconstruction of dangerous bridges, 19.6 billion yuan of realized income from state-owned assets of railway transport enterprises was earmarked for railway construction, and 2.9 billion yuan of scientific and technological expenditure was increased. Second, improve people's livelihood and strengthen weak links, and increase expenditure by 143.7 billion yuan. Among them, the expenditure on agriculture, forestry and water affairs is 16.1 billion yuan, the expenditure on education is 21 billion yuan, the expenditure on social security and employment is 34.4 billion yuan, the expenditure on health care is 31.3 billion yuan, the expenditure on environmental protection is 19.6 billion yuan, the subsidy for low-rent housing is 4.8 billion yuan, the expenditure on public security and general public services is 13.3 billion yuan, and the expenditure on culture is 1.1 billion yuan. The third is to further enhance the stability and sustainability of financial and economic operations, and arrange 171.7 billion yuan. Including: reducing the fiscal deficit by 45 billion yuan, solving the historical debts of policy grain finance by 23.5 billion yuan, and increasing the central budget stabilization fund by 13.2 billion yuan. In 27, the State Council reported to the 1th the National People's Congress Standing Committee (NPCSC) on the arrangement of the central government's surplus revenue.

(II) Further strengthening fiscal macro-control

In view of the outstanding problems existing in economic operation, on the basis of earnestly implementing measures such as increasing investment in agriculture, rural areas and farmers and transferring payments, we timely improved relevant measures of prudent fiscal policy, and coordinated with other policies to promote sound and rapid economic development.

reduce the fiscal deficit to a great extent and optimize the investment structure of central construction. On the basis of reducing the budget by 3 billion yuan at the beginning of the year compared with 26, the fiscal deficit was reduced by 45 billion yuan during implementation, and the central fiscal deficit was 2 billion yuan, accounting for .8% of GDP. The central government's investment in construction is 134.4 billion yuan, which is mainly used for building a new socialist countryside, developing social undertakings, protecting the ecological environment, and developing the western region. Reasonably grasp the rhythm of budget issuance for investment projects and give priority to budget funds for key projects.

implement fiscal and taxation measures to alleviate excess liquidity. According to the Resolution of the NPC Standing Committee on Approving the Ministry of Finance to Issue Special Treasury Bonds to Buy Foreign Exchange and Adjusting the Limit of the Balance of Treasury Bonds at the End of 27, the Ministry of Finance issued 1,55 billion yuan of special treasury bonds to buy 2 billion US dollars of foreign exchange, which reduced the amount of foreign exchange and eased the operational pressure of monetary policy. The applicable tax rate of personal income tax on savings deposit interest is reduced from 2% to 5%, which increases the income of residents' deposits and reduces the impact of rising prices on the interest income of residents' savings deposits.

adjust and improve fiscal and taxation measures to promote balance of payments. The export tax rebate for 553 products with high energy consumption, high pollution and resource was cancelled, and the export tax rebate rate for 2,268 products that are easy to cause trade friction was reduced. The import tariffs on 511 commodities such as energy and resource products were reduced, and the export tariffs on 222 commodities such as high energy consumption, high pollution and resource products were increased. We adjusted the scope of prohibited and restricted commodities in processing trade, implemented import tax incentives for some resource products and major technical equipment, and introduced a subsidy policy to encourage the import of products and technologies in the catalogue. Support enterprises to implement the "going out" strategy.

strengthen fiscal and taxation measures to support energy conservation and emission reduction. The central government spent 23.5 billion yuan, and local governments also increased their investment to support ten energy-saving projects, the construction of supporting pipe networks for sewage treatment facilities in central and western cities and towns, the water pollution control of "Three Rivers and Three Lakes" and Songhua River Basin, and the elimination of backward production capacity. The policy of compulsory government procurement of energy-saving products was formulated and promulgated, which increased the number of environmentally-friendly products that the government gave priority to purchasing from 856 to 2823. Using preferential tax policies to encourage the extraction and utilization of coalbed methane and agricultural water-saving irrigation; Adjust the tax standard of resource tax on some taxable mineral products to promote the rational development and utilization of resources; Incorporate environmental protection and energy conservation into the tax preferential scope of the new enterprise income tax law. We will steadily push forward the reform of the system of paid use of mineral resources and fully implement policies to promote the development of renewable energy and new energy. Innovate the working mechanism to deal with climate change.

vigorously support scientific and technological progress and independent innovation. We will increase investment in the National Natural Science Foundation and the National Science and Technology Support Plan, increase support for scientific research in public welfare research institutions and public welfare industries, and support the construction of modern agricultural industrial technology system, national science and technology basic platform, national laboratory and national key laboratory.

promote the reform of the management system of scientific research institutions. Promote the independent innovation of small and medium-sized science and technology enterprises, carry out pilot projects of venture capital, and formulate and implement relevant tax policies to support the scientific and technological development of national university science parks and technology business incubators.

(III) Support the construction of a new socialist countryside

Increase agricultural subsidies substantially. The central government's comprehensive direct subsidy for farmers' agricultural materials was 27.6 billion yuan, an increase of 13%. Subsidies for the purchase of agricultural machinery and tools were 2 billion yuan, an increase of 233.3%. The subsidy for improved varieties was 6.66 billion yuan, an increase of 6.5%. The national grain direct subsidy fund is 15.1 billion yuan, and all the 13 major grain-producing provinces (regions) have reached more than 5% of the grain risk fund of the province (region). The minimum purchase price policy for grain was implemented, and 57.9 billion Jin of wheat was purchased. The central government spent 1.53 billion yuan to support the development of pig, dairy and oil production and ensure market supply. In six provinces (autonomous regions) to carry out pilot insurance premium subsidies for important crops such as rice and wheat. Support the transfer training of 3.5 million rural laborers, and carry out scientific and technological training for new farmers in 2, villages.

improve rural production and living conditions. The central government spent 19.46 billion yuan to strengthen the construction of "six small" projects in rural areas. Support the construction of small-scale irrigation and water conservancy facilities and the reinforcement of small-scale dangerous reservoirs, with an expenditure of 4.2 billion yuan. Promoting comprehensive agricultural development, spending 11.57 billion yuan, transforming low-and medium-yield fields and building 23.6 million mu of high-standard farmland, increasing the grain production capacity by 3 billion kilograms throughout the year and supporting 1457 agricultural industrialization management projects. The paid land use fee for newly-added construction land was 17.2 billion yuan, which was used for the construction and protection of basic farmland, land consolidation and cultivated land development. Spending 1 billion yuan to promote the development of farmers' professional cooperative organizations and the popularization of agricultural science and technology. We spent 1.29 billion yuan on strengthening rural commercial and trade circulation and building a market system.

support disaster relief and poverty alleviation and development. In view of the serious situation of natural disasters in 27, the central government arranged and allocated 13.3 billion yuan in time, and the local finance also actively arranged funds, which strongly supported the disaster relief. Strengthening poverty alleviation and development, spending 14.4 billion yuan, focusing on supporting poverty-stricken areas in the central and western regions, and innovating working mechanisms to improve the effectiveness of poverty alleviation and development.

promote the development of rural social undertakings. Vigorously support the development of rural social undertakings such as rural compulsory education and new rural cooperative medical care. We will continue to implement the reward and assistance system for some family planning families in rural areas and the family planning project of "having fewer children and getting rich quickly" in the western region, and start family planning.