China Lifts Jan-May Budget Spending 4% to 10.05 Trillion Yuan as Revenue Rises 4.4%
Updated
Updated · bastillepost.com · Jun 22
China Lifts Jan-May Budget Spending 4% to 10.05 Trillion Yuan as Revenue Rises 4.4%
2 articles · Updated · bastillepost.com · Jun 22
Summary
10.0465 trillion yuan in general public budget spending was recorded in January-May, up 4% from a year earlier, according to the Finance Ministry.
10.0465 trillion yuan in budget revenue came in over the same period, with tax revenue rising 4.4% to 8.2617 trillion yuan and non-tax revenue up 2.2% to 1.7848 trillion yuan.
4.3850 trillion yuan of revenue was collected by the central government, up 5.7%, while local government revenue rose 2.7% to about 5.6615 trillion yuan.
The figures point to steady fiscal expansion in the first five months of 2026, with central revenue growth outpacing local collections.