Explanatory Notes on Main Statistical Indicators
Government Revenue refer to the revenue of
the g- overnment finance by means of participating in
the distribution of the social products,which is the financial resources for ens- uring the government to function,The contents of government re- venue have been
changed several times.Now it includes the fo- llowing main items:
(1)Various tax revenue including value added ta- x,business tax,consumption tax,land value added tax,tax on
city maintenance and construction,resources tax,tax on use of urban land,enterprise income tax,personal
income tax,tariff,stamp tax on security transactions,tax on purchase of motor vehicles,tax
on agriculture and animal husbandary and tax on
occupancy of cultivated land,etc.
(2)Non-tax revenue including Special income, Admini- strative fees, Incomes
from imposition and oter incomes.
Revenue of the Local
Governments The revenue of the local governments
includes business tax, income tax of the enterprises subordinate to the local
government, personal income tax, tax on the use of urban land, tax on the
adjustment of the investment in fixed assets, tax on town maintenance and
construction, tax on real estates, tax on the use of vehicles and ships, stamp
tax, slaughter tax, tax on agriculture and animal husbandry, tax on special
agricultural products, tax on the occupancy of cultivated land, contract tax,
25% of the value added tax, 50% of the tax on stock dealing (stamp tax) and tax
on resources other than the ocean petroleum resources.
Expenditure of the
Local Governments The expen-
diture of the local governments includes mainly the adminis- trative expenses and
various operating expenses at the vel of local
governments, the expenditure for capital construction and technological
innovation with the funds raised by the local government, expenditure for
supporting rural production, expe- nditure for City maintenance and construction and
expenditure for price subsidies, etc.
Credit Funds refer to
the funds issued as loans by banking institutions. The sources of credit funds
of the banking institutions included deposits, liabilities to international
financial institutions, currency in circulation, self-owned funds and current
retained profits, etc. The credit funds can be used in forms of loans, gold,
foreign exchange, government debt and assets in the international financial
institutions.
Deposit is a form of credit by which enterprises,
institutions, organizations or households can put money into banks and
other credit institutions for safekeeping and interest earning under the
principle of free withdrawal. According to different depositors, deposits are
divided into enterprise deposits,treasury
deposits, deposits of government agencies and organizations,capital
construction deposits, urban savings deposits, rural deposits and other
deposits. Deposits are major sources of the credit funds of banks.
Loan is a form of credit by which banks and
other credit institutions provide funds at certain interest rate to enterprises
and individuals in the light of the principle of unconditional repayment. Loans
from Chinese banks include circulating capital loans, fixed assets loans, loans
to urban and rural individuals engaged in industrial and commercial business
and agricultural loans.
Amount Insured refers to the maximum that the insurant will get for the claim of the
case insured.
Premium is the
fee paid by the insurant to the insurer to obtain the obligation of
compensation from the insurance within the agreed terms.
Settled Claim is the
compensation paid by the insurer to the insurant in accordance with the
insurance contract.
Payment includes payment for
death, injury or medical treatment and mature
payment. Payment for death, injury or medical treatment refers to the money
paid to the insurant (or the beneficiary) in accordance with the life or health
insurance contract when the insurant encounters accidents within the insured
period covered in the contract. Mature payment refers to the mature payment to
the insurant in accordance with the life insurance contract at the end of the
insured period.