It was learned from Chenzhou Municipal Finance Bureau that the fiscal revenue was reached 11.03 billion yuan within half year with an increase of 20%, ranking the first place of Hunan province on the increase of the fiscal revenue. It was 250 million yuan more than the total amount of 2010. According to the target set in the beginning of this year, 51.2% (excluding tobacco tax) of it was fulfilled in the first half year.

According to the data, from January to Jun, 7.77 billion yuan was reached for Chenzhou public budget, up 23.1%. Besides that, a new feature with upgrading quality of finance and tax, and rapid growth of tax revenue was available for Chenzhou fiscal revenue. VAT was with an increase f 8.4%, while the business tax, corporate income tax, and personal income tax were with an increase of more than 20%.

From the beginning of 2013, focusing on the target of Chenzhou’s take-off, all the department tried best to handle out the key projects, such as great transportation construction, city upgrading, industrial transformation, etc.. At the meantime, open economy was kept to play the leading role in improving the undertaking industrial transfer and industrial transformation & upgrading. Furthermore, a strengthened working style rectification was carried out in Chenzhou city to make sure the sound environment for Chenzhou city’s development.

Concerning for some disadvantages as macroeconomic downward, low price for coal and non-ferrous metals, etc., Chenzhou finance and tax departments worked out an efficient mechanism with favorable supporting policies to strengthen the management of fiscal revenue and make sure all the targets to be fulfilled successfully.

Local fiscal revenue was kept a steady growth under high base number, which helped to provide a strong support on Chenzhou city’s economical and social development. In the first half year of 2013, an optimized expenditure structure was figured out Chenzhou finance department to ensure the key expenditures on “100 well-being projects”. It was reported that, 13.13 billion yuan of public finance budget layout was reached in the first half year with a growth rate of 26.2%, covering 63.1% of the annual budget plan. More than 60% of this layout was issued on education, social security and employment, medical treatment and public health, agricultural projects, communities of urban and rural areas and other well-being projects. All these efforts greatly helped to support the implementation of well-being policies and promotion of practical work and well-being in projects.