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Last Update: ،
2026/05/01
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08:57:33
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Latest News:
Al-Barakani celebrates EU Ambassador's tour in Taiz, highly appreciates EU interventions
Minister of Education Discusses Partnership with "Pure Hands"
Young Man Seriously Wounded by Houthi Sniper North of Taiz
Al-Subaihi: We need to step up efforts to promote transport businesses
EU Ambassador: Taiz Stands Out for Diversity, Earns EU Backing for Recovery and Development
China's fiscal expenditure increases 3.4 pect in H1
[26/07/2025 06:19]
BEIJING-SABA
China's fiscal expenditure expanded 3.4 percent year-on-year, reaching nearly 14.13 trillion yuan (about 1.98 trillion US dollars) during the first half of 2025.
The Chinese Ministry of Finance stated in a statement published by the Chinese news agency (Xinhua) that financial expenditure on social security and employment rose by 9.2 percent year-on-year during the period between January and June.
According to the statement, fiscal spending on science and technology increased by 9.1 percent year-on-year, while spending on education and health rose by 5.9 percent and 4.3 percent, respectively.
The country's financial revenues declined by 0.3 percent year-on-year to approximately 11.56 trillion yuan during the first half of the current year.
The data showed that the central government collected approximately 4.86 trillion yuan in financial revenue, a decrease of 2.8 percent year-on-year, while local governments collected about 6.7 trillion yuan, an increase of 1.6 percent year-on-year.
China's fiscal expenditure expanded 3.4 percent year-on-year, reaching nearly 14.13 trillion yuan (about 1.98 trillion US dollars) during the first half of 2025.
The Chinese Ministry of Finance stated in a statement published by the Chinese news agency (Xinhua) that financial expenditure on social security and employment rose by 9.2 percent year-on-year during the period between January and June.
According to the statement, fiscal spending on science and technology increased by 9.1 percent year-on-year, while spending on education and health rose by 5.9 percent and 4.3 percent, respectively.
The country's financial revenues declined by 0.3 percent year-on-year to approximately 11.56 trillion yuan during the first half of the current year.
The data showed that the central government collected approximately 4.86 trillion yuan in financial revenue, a decrease of 2.8 percent year-on-year, while local governments collected about 6.7 trillion yuan, an increase of 1.6 percent year-on-year.
Key words:
SABA China's - approximately - respectively - governments - expenditure - According - government - employment - technology - increased -
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