多地密集加力国有“三资”改革，吉林相关财政收入增长约6成

Core Insights - Local governments are intensifying efforts to reform state-owned "three assets" (state-owned resources, assets, and funds), leading to significant growth in related fiscal revenues [1][2][4] Group 1: Non-Tax Revenue Growth - In Jilin Province, non-tax revenue reached 45.55 billion yuan in the first three quarters of this year, marking a 22.1% year-on-year increase, with state-owned resource usage income growing by 59.9% [1] - In Anhui Province, non-tax revenue from state-owned resources is projected to be approximately 73.95 billion yuan in 2024, reflecting an 11% year-on-year increase, significantly outpacing the general public budget revenue growth of 2.6% [3] - Hubei Province anticipates non-tax revenue from state-owned resources to be around 67.79 billion yuan in 2024, showing a substantial 60% year-on-year increase [4] Group 2: Asset Management Initiatives - Anhui Province has implemented a comprehensive plan to manage "large assets," focusing on the inventory and revitalization of eight asset categories, five resource types, and two funding categories [2] - Hubei Province is conducting a thorough inventory of state-owned assets, aiming to transform resources into capital through market-oriented operations, having already revitalized assets worth 370.8 billion yuan [4][5] - The Ministry of Finance reported a 4% increase in non-tax revenue from state-owned resource usage nationwide, driven by local governments' multi-channel asset revitalization efforts [6] Group 3: Challenges and Future Outlook - Local governments face increasing fiscal pressure due to economic downturns and a sluggish real estate market, prompting a focus on revitalizing existing assets to boost revenue [5] - There are concerns regarding the sustainability of revenue growth as the pool of available assets for revitalization diminishes, leading to a push for more efficient resource allocation through state-owned "three assets" reforms [5]