Chinese people finally understand why the government efforts to push up prices

 2010/01/26 Beijing Times financial situation. The report noted that Beijing was 267.88 billion yuan in revenue last year, net income was 47.7 billion in land sales. It is reported that the first time this year, government revenue from land sales included in the financial report to the NPC supervision, which marked the government revenue Support and transparent budget system more perfect. Meanwhile, Beijing will increase in fiscal revenue in 2010 is expected to reduce to 9%, the lowest for the 5-year forecast. proceeds from land sales (of land transfer) are part of the budget government funds, the Beijing Financial Secretary Yang said, the government funds earmarked revenue according to regulations, as well as part of their income carried forward to use the next year.>> Summary of 2009 14.8 billion budget surplus land sale can not read the report, is the representative to reflect the most common problem in previous years, a large financial income and expenditure figures to the number of representatives to understand the links between the various brings a lot of obstacles, is that government funds into the financial report of the budget for the first time! Yang Chao said in the report, the municipal government fund revenue 43.76 billion yuan, up 29.4% over budget mainly due to more surplus land sales 14.86 billion yuan.> ;> municipal land sale this year is only 12.1 billion net income Yang said, the government land sales in 2010 expected revenue of 384 billion yuan, the municipal land sale proceeds of 121 million. can be seen from the comparison figures, last year's municipal some income from land sales will have 148 million, while revenue is expected this year, municipal land transfer income is 121 million, accounting for 40.5% in 2009. Why is this happening? Yang Chao explained that the eight districts of the land transfer revenue half of the Urban Financial, half of the return of county. and suburban counties to return the proceeds of land transfer all districts and counties. At present Beijing eight districts, the core area will be less and less land, so land revenue at the municipal level are less and less. >> An Interpretation of real estate market, and it is a rate of increase, especially in November, December this relatively large increase in two months. Reporter: turnover of 92.27 billion yuan last year, land sales, net income was 47.7 billion Why? Meng Jingwei: In fact, the income from land sales is 47.7 billion , in part, directly into the state-owned land Income Fund course, there are a number of agricultural development spending, in accordance with the policy needs to extract income from the land. In addition, the cost of government land reserves included in the inside, the developer of a development cost to the formation of government revenue after deducting, there will be differences in numbers. Reporter: municipal fiscal revenue 112.38 billion yuan, while the municipal land sales revenue 29.91 billion yuan, equivalent to one-third of fiscal revenue. now kind of sound, said Beijing's economic unhealthy? Meng Jingwei: These two figures can not simply compare the composition of municipal revenue is mainly personal income tax, corporate income tax, VAT, business tax, reflecting the economic development, business efficiency and income situation. the land High-income payments directly to better reflect the expected future economic, of course, the price factor Excluding the proceeds. as evidenced by the construction of land available and active development of an active, all chains are more active in society. of course there is also the question of price, that is, land prices the problem, so the issue is complex, not simply analysis and comparison. User that the Beijing municipal government land auction at high prices, pushing up housing prices, rich governments, and the pockets of a few people, bitter people. also have friends smile