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Table 4 The Scale and Percentage of Three Kinds of Local Subsidies

From: The allocation mechanism of authority and accountability in Chinese government hierarchies: A case study of the “Earmarked Project System”

 

General (Financial) Transfer Payments

Earmarked Funds

Tax Rebates

 

Billion RMB

%

Billion RMB

%

Billion RMB

%

2003

191.4

23.2

259.8

31.4

374.9

45.4

2004

260.5

25.0

342.3

32.9

438.0

42.1

2005

381.2

33.2

352.9

30.7

414.3

36.1

2006

473.2

35.1

441.2

32.7

434.7

32.2

2007

709.3

39.2

689.8

38.1

412.1

22.7

2008

874.6

38.0

996.2

43.3

428.2

18.7

2009

1131.7

39.6

1236.0

43.3

488.7

17.1

2010

1323.6

40.9

1411.2

43.6

499.3

15.5

2011

1831.1

45.9

1657.0

41.5

504.0

12.6

2012

2147.1

47.3

1879.2

41.4

512.1

11.3

2013

2436.3

50.7

1861.0

38.7

504.7

10.6

2014

2756.8

53.4

1894.1

36.7

508.1

9.9

  1. Source: Year 2003–2005, Zhou Feizhou, 2012; Year 2006–2014, Finance Yearbook of China, also see http://www.mof.gov.cn/zhengwuxinxi/caizhengshuju