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浙江省翻譯公司關鍵字：contraction, will make the surplus immediately exposed to these industries, undermining the good economic growth now. It is this concern, making the central government legislator. Thus, a careful taste so far is not difficult to find control policies, the central government has been in beating about the bush, Qiaoshanzhenhu, hopes to keep the real estate business to consciously restrain their own behavior to avoid beating the Central Government of the legislator, just the middle of the local government wants. Because in addition to real estate on the local economic development plays an important role, but more importantly, the real estate industry or local government's "god." According to the current "tax sharing", the bulk of tax revenue that is 75% value added tax, stamp duty 94%, tax on interest paid 100% of the central finance, and economic growth with a corresponding rapid growth in income tax is also classified as central and local shared taxes (mid-sharing ratio is changing in 2001, into the proportion of central and local To 5:5,2003 years into 6:4), and continue to lower the proportion of local income. Incomes being squeezed in the case, even if the economy is more developed in some southern areas of deeply felt need to expand revenue sources. Precisely at this time, rising land prices for local governments to provide a valuable alternative source of income. So that it overjoyed that this land transfer income actually can justifiably be classified as extra-budgetary income base from the central control: the vast majority can not even share with the Central; use is also free and more formal revenue opaque. It is in this context, local governments have started "business city", established and "perfect" "land reserve system" and the land of the "bidding and auction system." The result of this act, land prices continue to rise Land transfer revenue in local government revenue is also increasing. Table 2 provides the data clearly shows this. In 1997 the national real estate company for the land acquisition cost of 24.76 billion yuan, accounting for 5.60% of local revenue, accounting for extra-budgetary revenue of local government 9.24% to 2000, the land acquisition cost of real estate enterprises accounted for the proportion of local revenue has been more than 10%, accounting for extra-budgetary revenue has more than 20% since then, the land acquisition cost of real estate enterprises further accelerate the pace of growth. By 2003, the land acquisition cost of the real estate business accounted for the proportion of local revenue has been as high as 20.87%, accounting for extra-budgetary revenue is nearly 50% of 2004 when the land acquisition cost of the real estate business accounted for the proporti
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