China's fiscal expenditure increases 3.4 pect in H1

President al-Alimi praises adherence of Shoura Council, political parties to references of transitional stage

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) praised the nationalistic and responsible stances of the Shoura Council and the National Coalition of the Political Parties (NCPP) which affirmed their categorical rejection of any unilateral measures that weaken state institutions or undermine the existing partnership among national forces battling the Iranian regime backed Houthi terrorist militias.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

African Development Bank supports transport infrastructure in Somalia with $76 million

The African Development Bank has approved additional funding of $76.37 million for the road infrastructure program in Somalia, which is a key component of the Horn of Africa Corridor project connecting Somalia, Djibouti, and Ethiopia.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/15 Time 04:17:26
Latest News:

Yemen Participates in 19th Meeting of CEDARE Board of Trustees in Virtual Session

Foreign Minister meets with Austria's Special Envoy

Maj. General al-Zubaidi briefed on health services in government-held governorates

Minister al-Soqatri Discusses with World Food Program Support for Agricultural, Fisheries Sector Projects

Guterres: What Hadhramaut is witnessing is a dangerous development, Houthis' arrest of UN employees unacceptable

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.