Explanatory Notes on Main Statistical Indicators
Government
Revenue refer to the revenue of the government
finance by means of participating in the distribution of the social products, which
is the financial resources for ensuring the government to function, The
contents of government revenue have been changed several times. Now it includes
the following main items:
(1)Various
tax revenue including value added tax, 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, Administrative fees, Incomes from imposition and oter incomes.
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 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.
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.