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With a difference of 4.6 billion, where will the land price go in Guangzhou?

2021-03-31

Following the sharp increase of 102% in the income from land sales in Guangzhou in 2013 compared with the previous year, the final accounts of Guangzhou in 2014 released at the beginning of this month showed that the income from land sales in Guangzhou increased by 51.1% to 67.946 billion yuan last year. However, the original Municipal Bureau of land and housing announced a higher amount of 72.578 billion yuan in 2014, with a difference of 4.632 billion yuan.

Why is there such a big difference? The Guangzhou Municipal Finance Bureau yesterday replied to the new express reporter that the revenue of the land department is the amount collected by the Department, and it is the amount of financial resources of the city level only after deducting the funds such as the paid use fees of the newly added construction land handed over to the state and the province. "Both data are correct.".    according to the notice requirements of Guangzhou Municipal Bureau of finance, the municipal land and Planning Commission announced the 2014 annual Department final accounts of the former municipal land and Housing Administration Bureau (which has been incorporated into the municipal land and Planning Commission) on March 23. According to the final accounts, last year, the non tax revenue of the former municipal land and Housing Administration Bureau ranked first in the municipal departments, with a total of 73.035 billion yuan. In this non tax income, the government fund income reached 72.578 billion yuan, accounting for 99.37%, all of which were "income from the transfer of state-owned land use rights" (subject code 1030148, commonly known as land sales income). The reporter of xinkuai Bao verified and verified with the Municipal Land Planning Commission, and learned that: when making final accounts, the income from land sales at the city level will be centralized in the final accounts of the land and housing administration department, which is the income from land sales at the city level in 2014.

According to this, the data is obviously not consistent with the final accounts of Guangzhou in 2014. According to the final accounts of Guangzhou in 2014 published on the official website of Guangzhou Municipal Finance Bureau on August 8, the revenue from the transfer of state-owned land use rights at the municipal level last year was 67.946 billion yuan (96.680 billion yuan for the whole city), an increase of 51.1% over 2013. That is to say, the difference between the two is 4.632 billion yuan. According to the data released by the former Municipal Bureau of land and housing administration, the income from land sales in Guangzhou in 2014 increased by 61.36% compared with that in 2013.  

Under the background of the continuous surge of land sales revenue in Guangzhou, the above data of more than 4.6 billion yuan is somewhat "dazzling". The reporter of new express found that in the past five years, the income from land sales in Guangzhou has increased from about 20-30 billion yuan per year to more than 60 billion yuan, with an increase of 102% in 2013.

How did the 4.6 billion yuan come from? On the evening of the 24th, the reporter of new express contacted the Performance Evaluation Office of the listed finance bureau, and the staff replied: it involves the specific value of the Department's final accounts, and it is suggested to ask the specific department for information. Subsequently, the reporter of the new express contacted the listed Land Planning Commission, and the person in charge of the Propaganda Department of the Commission replied that night after learning from the business department: "our number is right, and it is also the number reported to the Municipal Finance Bureau for review, which represents the revenue from land transfer fees at the municipal level last year. As to why there are differences in the number of final accounts at the municipal level, it is suggested to ask the Municipal Finance Bureau for information. ".

Yesterday afternoon, the Municipal Finance Bureau replied in writing to the new express reporter, explaining that the revenue of the land department (72.578 billion yuan) is the amount collected by the Department. According to relevant regulations, the income (67.946 billion yuan) in the 2014 annual final accounts of the city is: the amount of 2014 annual Department collection of the former Municipal Bureau of land and housing, minus the amount of new construction land use fees to be paid to the state and the province, the income returned to the District, and the amount of policy funds according to the relevant provisions of the state and the province.   

(the original city) land and housing administration revenue collection, for their departments, is the Department's income. When we come here, some of them have to be returned to the Treasury (such as wrongly paid or unsettled cases), and some of them have to be turned over by policy (such as education fund, irrigation and water conservancy fund, etc.), and they have to be shared with the state and the province after being withdrawn according to regulations. In addition, there is a sub database with districts and counties. After subtracting these, we will have the financial resources at the city level. " The relevant person in charge of Guangzhou Municipal Finance Bureau said that the two data are correct, but the above amount has not been deducted. "After receiving your interview outline, we have calculated, including the deduction items, the two figures are right.".   

Account name amount (unit: 10000 yuan)

State owned land use right transfer income (subject code 1030148) 7257824.61

In recent five years, Guangzhou's budget at the beginning of the year (unit: 100 million yuan) and final accounts at the end of the year (unit: 100 million yuan)   495.0679.46 in 2014   300.0449.8 in 2013   314.0222.7 in 2012   502.5307.4 in 2011   165.0314.9 in 2010   (from the annual municipal final accounts report)

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