On the 21st, the Ministry of Finance released data showing that in the first seven months, the national general public budget revenue was 13933.4 billion yuan, a year-on-year increase of 11.5%. Among them, tax revenue was 11753.1 billion yuan, a year-on-year increase of 14.5%; Non tax revenue was 2180.3 billion yuan, a year-on-year decrease of 2.3%. From a central and local perspective, the general public budget revenue of the central government reached 6384.9 billion yuan, an increase of 11.2% year-on-year; The local general public budget has a revenue of 7548.5 billion yuan, an increase of 11.8% year-on-year. The Ministry of Finance stated that the growth of fiscal revenue, in addition to sustained economic recovery and overall recovery, is mainly driven by the implementation of large-scale value-added tax retention and refund policies starting from April last year, with more concentrated tax refunds, which have lowered the base. In terms of fiscal expenditure, in the first seven months, the national general public budget expenditure was 15162.3 billion yuan, a year-on-year increase of 3.3%. From a central and local perspective, the central general public budget expenditure at this level was 1961.7 billion yuan, a year-on-year increase of 6.2%; Local general public budget expenditure reached 132006 billion yuan, a year-on-year increase of 2.9%. Financial departments at all levels should strengthen the coordination of financial resources, maintain necessary expenditure intensity, and continue to increase investment in weak links and key areas of economic and social development. From the perspective of main expenditure subjects, in the first seven months, education expenditure reached 2286.2 billion yuan, a year-on-year increase of 4.7%; Social security and employment expenditure reached 2441.4 billion yuan, a year-on-year increase of 7.3%; Health expenditure reached 13408 billion yuan, a year-on-year increase of 5.8%; The expenditure on agriculture, forestry, and water is 1230.2 billion yuan, a year-on-year increase of 2.6%. In terms of national government fund budget revenue and expenditure, in the first seven months, the national government fund budget revenue was 2859.6 billion yuan, a year-on-year decrease of 14.3%; The budget expenditure of national government funds is 4914.7 billion yuan, a year-on-year decrease of 23.3%. (New News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Xinhua
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