CCTV News: On the afternoon of July 25, the Ministry of Finance of China held a press conference, and the relevant person in charge introduced China's fiscal revenue and expenditure in the first half of this year. Data shows that China's fiscal operation is generally showing a stable trend.

Data shows that in the first half of the year, the national general public budget revenue was 1,155.66 billion yuan, a year-on-year decrease of 0.3%, a decrease of 0.8 percentage points from the first quarter.

Tang Longsheng, deputy director of the Treasury Payment Center of the Ministry of Finance, said: "Since this year, the fiscal operation has been generally stable. Tax revenue has gradually rebounded. In the first half of the year, the national tax revenue was 9.29 trillion yuan, a year-on-year decrease of 1.2%. Since April, monthly tax revenue has maintained year-on-year growth for three consecutive months, of which, in April, it increased by 1.9%, in May, 0.6%, and in June."

Feature 1: The growth of major tax types in the first half of the year was stable

Data shows that in the first half of the year, the growth of major tax types in my country was stable, with domestic value-added tax, domestic consumption tax and personal income tax increasing by 2.8%, 1.7%, and 8% respectively; export tax rebate of 1.27 trillion yuan, a refund of 132.2 billion yuan more than the same period last year, strongly supporting foreign trade exports. The tax revenue of the equipment manufacturing industry, modern service industry and other industries performed well. The tax revenue of the equipment manufacturing industry such as railway, ship, aerospace equipment, computer and communication equipment, electrical machinery and equipment increased by 32.2%, 9.2%, and 6.3%, respectively, and the tax revenue of the scientific research and technical service industry increased by 13.8%.

Feature 2: The growth rate of non-tax revenue fell

At the same time, in the first half of the year, the national non-tax revenue was 2.27 trillion yuan, an increase of 3.7% year-on-year, a decrease of 5.1 percentage points from the first quarter. Among them, non-tax revenue in May and June fell by 2.2% and 3.7% respectively. In the first half of the year, local governments revitalized assets through multiple channels, and the income from disposal, leasing, and lending of state-owned assets in administrative and public institutions increased, driving the income from paid use of state-owned resources (assets) in the national non-tax revenue to increase by 4.8%. At the same time, administrative and institutional fee income increased by 1%, a decrease of 4.5 percentage points from the first quarter; fines and confiscation income decreased by 4.3%, a decrease of 2.9 percentage points from the first quarter. Feature 3: Revenue in most regions maintained growth

Following in most regions, in the first half of the year, revenue in most regions maintained growth. Tang Longsheng, deputy director of the Treasury Payment Center of the Ministry of Finance, said: "In the first half of the year, the local general public budget revenue increased by 1.6%, of which the eastern, central, western and northeastern regions increased by 1.3%, 1.3%, 2%, and 5.7%, respectively. 27 provinces of 31 provinces achieved growth."

Feature 4: Fiscal expenditure continued to increase

From the expenditure, in the first half of the year, the national general public budget expenditure was 14.13 trillion yuan, an increase of 3.4% year-on-year. Among them, expenditures on social security and employment, education, science and technology, energy conservation and environmental protection all increased by more than 5% year-on-year. At the same time, financial departments at all levels accelerated the issuance and use of bond funds, and local government special bonds, ultra-long-term special treasury bonds, etc. included in the government fund budget, spent 2.43 trillion yuan in the first half of the year, driving a 30% increase in government fund budget expenditure.