In the first quarter, the national general public budget revenue was 6087.7 billion yuan, with a comparable increase of about 2.2% after deducting the impact of special factors, continuing the trend of recovery growth; The national general public budget expenditure was 6985.6 billion yuan, a year-on-year increase of 2.9%, and efforts will continue to be made to increase the guarantee of expenditure in key areas... The fiscal revenue and expenditure data for the first quarter released on April 22 released a positive signal. Experts say that the structure of fiscal revenue and expenditure is gradually becoming balanced, and fiscal sustainability is further enhanced. At the same time, the issuance of ultra long term special treasury bond, the expansion of special debt support areas and other related policy signals are also released intensively, the quality and efficiency of fiscal policies will be further improved, and the economic recovery trend will be consolidated and enhanced. Vice Minister of Finance Wang Dongwei introduced at the press conference of the State Council Information Office that in the first quarter, the national general public budget revenue was 6087.7 billion yuan, a year-on-year decrease of 2.3%. After deducting the special factors such as the partial tax deferral for small and medium-sized enterprises in the manufacturing industry in 2022, which led to an increase in inventory in the first few months of 2023, and the four tax reduction policies introduced in mid-2023 that resulted in a tail end tax reduction in fiscal revenue this year, the comparable growth rate is about 2.2%, continuing the recovery growth trend. It is worth noting that industries such as cultural tourism consumption and advanced manufacturing have seen rapid tax growth. Li Xuhong, Vice Dean and Professor of the National Institute of Accounting in Beijing, stated in an interview with the Economic Reference Daily that, specifically, the year-on-year growth of consumption tax and vehicle purchase tax is relatively fast, reflecting that as China's economy rebounds and improves, residents' purchasing power gradually recovers, and consumption potential continues to be released; The corporate income tax has also shown a growth trend, indicating that the vitality of the operating entities has been restored and the profitability has been improved. In terms of expenditure, key areas have been well protected. Data shows that in the first quarter, the national general public budget expenditure was 6985.6 billion yuan, a year-on-year increase of 2.9%. In the main expenditure areas, social security and employment expenditure reached 127.08 billion yuan, an increase of 3.7%; Education expenditure reached 1043.6 billion yuan, an increase of 2.5%; Urban and rural community expenditure reached 561.4 billion yuan, an increase of 12.1%; Agricultural, forestry, and water expenditure reached 518.5 billion yuan, an increase of 13.1%; Housing security expenditure reached 204.9 billion yuan, an increase of 7.8%. "The progress of fiscal expenditure has been reasonably accelerated." Wang Dongwei said that in the first quarter, the national general public budget expenditure completed 24.5% of the budget, which is higher than the average level in the past three years. "Financial departments at all levels have strengthened the overall planning of financial resources, accelerated the allocation of budgets and the use of additional treasury bond funds, and strengthened financial support for major national strategic tasks and basic people's livelihood. At the same time, we have optimized the structure of financial expenditure, and strictly implemented the requirements of the Party and government organs that are accustomed to being too tight, generous with big money, stingy with small money, and concentrated our financial resources on major issues," said Wang Dongwei. Professor Bai Yanfeng from the School of Finance and Taxation at Central University of Finance and Economics also stated that from a comprehensive perspective of income and expenditure, proactive fiscal policies are moderately strengthened, improving quality and efficiency, and continuously strengthening their support and guarantee for the recovery and growth of the national economy. "From the income and expenditure situation in the first quarter, it can be seen that fiscal policies have been put forward and their effectiveness is being accelerated, providing strong support for the sustained recovery and improvement of the economy." Wang Dongwei said that in the next step, the Ministry of Finance will focus on six aspects of sustained efforts, including full support for scientific and technological innovation