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68 trillion yuan, which wa▓s under budgeted ceiling of 6.270835 trillion yuan for the year. Central▓ government tax rebates

and transfer payments ma

de to local governments. In 2009, central govern▓ment tax rebates and transfer payments made to local governments totaled 2.8

6213 trillion yuan, 99.1

% of the budgeted f▓igure. This discrepancy was mainly due to less spending on disaster relief than estimated at▓ the beginning of the year, resulting in a decrease in transfer payments. This to

entation of th

tal consisted ▓of 494.227 billion yuan of tax rebates, an increase of 48.2%, with the increases coming mainly from impl

ementation of the reform of ▓taxes and fees on refined oil products (according to regulations, the central government is required to rebate increases in sales tax on refined oil products to local gover

nments); 1.13▓1989 trillion yuan of general transfer payments, an increase of 29.4%; 1.235914 trillion yuan of special transfer payments, an increase of 24

.1%, the majority of which consisted ▓of increased