Copyright 2024 - Ningbo Life / Ningbo Expat

Ningbo accelerating constructing a commodity transaction center

On July 7, Ningbo held a meeting coordinating the disposal of the key proposals of Ningbo People's Political Consultative Conference, and the focus was on the disposal of the key proposal "Vice Mayor Wang Renzhou, Vice Chairmen of Ningbo People's Political Consultative Conference, Wang Jiankang and Zhang Minghua were present at the meeting.

"The proposal submitted by the Ningbo Committee of China Democratic National Construction Association is in line with the scientific outlook on development and the designed urban function of Ningbo and therefore it is beneficial to the long-term development of Ningbo. Related departments of Ningbo government should adopt this proposal and implement it," said Wang Renzhou at the meeting.

At the 5th session of the 13th Ningbo People's Political Consultative Conference, Ningbo Committee of China Democratic National Construction Association collectively put forward a proposal "Suggestion on Accelerating Construction Ningbo Imported Commodity Transaction Center." The proposal says that based on the advantageous positions including its ports, Ningbo should accelerate constructing a commodity transaction center, that by means of rational planning and layout, the city should make full use of Ningbo Free Trade Zone and Ningbo Meishan Free Trade Zone, so as to improve its commodity transaction system.

Ningbor's fiscal revenue: 80.89 billion yuan

According to Ningbo Municipal Financial Bureau, from January to June in 2011, the general budgeted revenue of Ningbo reached 80.89 billion yuan, covering 62.8 % of the budgeted total, 19.2 billion yuan more than the same period of the previous year, increased by 31.1%, and 5.6 points higher than the average of Zhejiang. Of the total, the local finance amounted to 39.09 billion yuan, covering 66.9 % of the total budgeted early this year, 9.74 billion yuan more than the same period of the previous year, increased by 33.2% over the precious year, and 5.6 points higher than the average of Zhejiang.

From January and June, The various tax income collected by the local tax departments amounted to 46.5 billion yuan, 10.7 billion yuan more than the same period of the previous year, increased by 29.9%, Taking off the contract tax, the farmland occupation tax, tax revenue of the first half of this year amounted to 30.01 billion yuan, making a historical new high. The figure covers 66.4% of total planned for this year. Of the total, the local share amounted to 28 billion yuan, covering 72.6% of the local financial income. Looked at in Zhejiang, Ningbo is keeping a stable and rapid growth in tax income, 3.3 points higher than the average of Zhejiang (excluding Ningbo), and 9.1 points higher than Hangzhou. In Ningbo City, Daxie, Ningbo Hangzhou Bay New Area and Yinzhou all had their tax income increased by over 40%. The growth rate of Zhenhai, the High and New Technological Zone, Beilun, Ninghai and Fenghua is above 30%.

From January and June, the export with the tax refunding valued 22.337 billion yuan, increased by 33.9% above the same period of the previous year.

With the rapid financial growth, Ningbo this year goes on enlarging expenditures people's living affairs, and using more money to ensure and improve people's livelihood. Take low-price housing for low-income earners as an example. this year, Ningbo has increased the input in public rental houses. In 2011, the city will take 1.438 billion yuan as fund for housing security.

Yinzhou's tax income exceeding 10 billion this year

Good news for the tax income Yinzhou has got. in the first half of this year, the national revenue and the local revenue reached 10.118 billion yuan, breaking 10 billion yuan for half a year for the first time.

In the first half of this year, The tax collected by Yinzhou National Revenue Bureau reached 5.357 billion yuan, increased by 28% over the same period of last year. The amount is a historical new high and it ranks No.1 in all the counties, cities and districts of Ningbo.

By the end of June, The tax collected by Yinzhou Bureau of Local Taxation reached 4.761 billion yuan, increased by 41.6% over the precious year, making a historical new high. Of the total, the business tax reached 1.317 billion yuan; the enterprise income tax 730 million yuan; and the individual income tax 921 million yuan. Other non-tax income reached 2.746 billion yuan.

This year, the stable growth of the industrial economy led to the increase of enterprise income tax by 50.5%. The growth of the salaries, stock interest and so on led to the increase of personal income tax by 16.5% against the same period of the previous year. In addition, other factors like the growth of the urban construction tax, and the increment tax on land value also contributed to the rapid growth of the tax income.

Integrated urban and rural social security system established in Ningbo

On the morning of July 4, the popularity week of the Law of Social Security initiated on the Zhongshan Square. In the initiating ceremony it is learned that with the efforts in the past years, the social security coverage has gradually extended, the remuneration has risen on the yearly base, and the social security system has basically been established. At present, the number of people covered by the five insurances reaches 15,819,000.

It is learned that as early as 1986, Ningbo started the reform of the social security system, and it, before other cities, carried out experiment in combining the social integration and the personal account. With the efforts made in the past 25 years, the social security system has been improving, and a social security system characteristic of "all-covering, basic allowance secured, multiple level and sustainability" has been basically established. For this work, Ningbo is in the lead of Zhejiang, and even the country.

By the end of 2010, the number of people under the basic endowment insurance premiums for employees, and the that of the people under the social retirement insurance system for urban and rural citizens reach 3,835,000 and 1,100,000. The number of people under the basic medicare insurance for employees, and that of people under the medical insurance system for the urban residents reach 3,875,000 and 750,000. The people under the unemployment insurance, the work-related injury insurance, and maternity insurance reach 1,863,000, 2,381,000 and 2,015,000.

In recent years, Ningbo also strengthened the social security for the migrant workers. In order that the social security of the migrant workers can be effective through the country, Ningbo has improved the old-age and medical insurances for the migrant workers, so that they are effective over the country. Ningbo also has raised the remuneration of the insurances for the migrant workers. Those retired migrant workers according related rules of Ningbo will enjoy the same retirement insurance. From May 1 this year, all the 2,800,000 people in the whole of Ningbo under the employees' medical insurance began to enjoy the same treatment.

Local tax of Ningbo exceeding 30 billion yuan this year

Reportedly, in the first half of this year, the local tax collected amounted to 30.01 billion yuan, making a historical new high. The figure covers 66.4% of total planned for this year. Of the amount, the local share amounted to 28 billion yuan, covering 72.6% of the local financial income. Looked at in Zhejiang, Ningbo is keeping a stable and rapid growth in tax income, 3.3 points higher than the average of Zhejiang (excluding Ningbo), and 9.1 points higher than Hangzhou. In Ningbo City, the growth rate in Daxie, Hangzhou Bay Area and Yinzhou was all above 40%.

In addition, in the first half of this year, the general budgeted revenue of Ningbo reached 80.89 billion yuan, increased by 31.1% above the same period of the previous year. Of the amount, the local finance amounted to 39.087 billion yuan, and the state revenue amounted to 41.803 billion yuan.

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