| Author: | Wang, Yida |
| Title: | China's financial situation in 1997: analysis and forecast (original in Chinese) |
| Journal: | Global Market Information Guide (c)
1997 : 2, p.15,19 |
| Index terms: | FINANCIAL ANALYSIS ECONOMIC FORECASTING CHINA |
| Language: | chi |
| Abstract: | The growth of revenue is closely associated with the speed of economic development. It is estimated that China's revenue will possibly grow by 10%-14%. The factors influencing revenue in 1997 are as follows: 1. The pressure of export tax refund on budget revenue, 2. the growth of revenue for 4 years in succession, which reduces the potential of increase of revenue, 3. the central revenue which doesn't allow optimism, 4. the state-owned enterprises facing difficulties in business, which can not be turned back within a short period of time and as a result, the growth of revenue will be affected. |
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