The total revenue of Hubei in 2007 reached 111.5 billion RMB yuan which has increased by 1.56 times over 2002. The general budget revenue is 59 billion RMB yuan, with an increase of 1.78 times over 2002 after deducting agricultural tax. The fiscal expenditure in 2007 was 125.64 billion RMB yuan, with an increase of 20% over the previous year.
By the end of 2007, the balance of deposit in the financial institutions totaled 1,109.3 billion RMB yuan, with an increase of 149.48 billion RMB yuan over the beginning of the year. Among it, the total deposit balance of urban and rural residents amounted to 543.08 billion RMB yuan, with an increase of 32.89 billion. The balance of loans provided by various financial institutions has come to 749.64 billion RMB yuan, with an increase of 106.16 billion RMB yuan comparing with the beginning of the year. Among which the balance of short-term loans of 2007 was 287.63 billion RMB yuan and the balance of long-term and medium-term loans was 415.04 billion RMB yuan, with the increases of 34.6 billion RMB yuan and 78.6 billion RMB yuan respectively.
The insurance premium in 2007 reached 19.37 billion RMB yuan, with an increase of 20.5%, among which the property insurance premium was 4.76 billion yuan, with an increase of 15.3% and the life insurance premium was 14.61 billion yuan, with an increase of 22.3%. An indemnity of 6.958 billion RMB yuan as reparations in insurance was paid, with an increase of 60.4% over the same period of last year. |