Home Facts china

Treasury, Finance and Insurance

Treasury, Finance and Insurance

Write: Hibernia [2011-05-20]
The capital of treasury and finance operation was stable. This year's municipal revenue decreased slightly due to disaster relief , and tax-free factors. Total revenue was 1.3 billion yuan, a decrease of 13.1% over last year, of which the local revenue was 1.02 billion yuan, a decrease of 15.1%. But this year's actual applicable revenue increased. Total expenditure was 1.96 billion yuan, an increase of 8.8%. By the end of 2001, the total saving deposits of all the financial institutions had reached 13.93 billion yuan, an increase of 1.91 billion yuan, of which the enterprise deposits were 3 billion yuan, an increase of 2.6 billion yuan. The saving deposits of rural and city dwellers amounted to 9.72 billion yuan, an increase of 1.56 billion yuan. The loan of all the financial institutions was 14.9 billion yuan, an increase of 1.12 billion yuan.
The insurance developed rapidly. The total insurance premium income reaches 203.4 million yuan, an increase of 16.8% over last year, of which, the property premium income was 76.16 million yuan, life premium income 123.24 million yuan. Total compensation cost was 90.07 million yuan, including 65.04 million yuan in property compensation, 25.03 million yuan in life compensation.