Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. [Photo/Agencies] BEIJING – China’s general public budget revenue dropped 2.7 percent year-on-year to 8.09 trillion yuan ($1.14 trillion) in the first four months of 2024, according to the Ministry of Finance. The central government collected 3.53 trillion yuan in revenue, … Continue reading China’s general public budget revenue down 2.7% in Jan-April
Tag: budget
China optimizes financial resources to benefit the people’s livelihoods
Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. [Photo/Agencies] China has strived to optimize the allocation of its financial resources over the past four months so as to better support critical national strategic tasks and guarantee people’s basic livelihoods, data from the Ministry of Finance showed on … Continue reading China optimizes financial resources to benefit the people’s livelihoods
Central government departments disclose annual budgets
A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] The central government departments in China have recently disclosed their annual budgets to the public. The annual income and expenditure arrangements for more than 100 government units were unveiled, showing that their focus remains on allocating … Continue reading Central government departments disclose annual budgets