一文读懂前7月财政数据：财政收入增速由负转正

Group 1 - The overall fiscal revenue is recovering, supported by increased government bond issuance, while fiscal expenditure remains robust [1][6] - In the first seven months of the year, the national general public budget revenue reached 135839 billion yuan, with a year-on-year growth of 0.1% [2] - The tax revenue for the same period was 110933 billion yuan, showing a slight decline of 0.3% year-on-year, but the decline is narrowing [2][4] Group 2 - The growth rate of tax revenue has not kept pace with economic growth, which was 5.3% in the first half of the year [2][3] - Major tax categories showed improvement, with domestic value-added tax increasing by 3%, domestic consumption tax by 2.1%, and personal income tax by 8.8% [4] - Non-tax revenue grew by 2% to 24906 billion yuan, significantly lower than the previous year's growth of 12% [5] Group 3 - Government fund budget revenue was 23124 billion yuan, down 0.7% year-on-year, with land use rights revenue declining by 4.6% [6] - Fiscal expenditure for the first seven months was 160737 billion yuan, up 3.4%, with social security and education spending growing above average [6][7] - Government fund budget expenditure surged by 31.7% to 54287 billion yuan, primarily directed towards major project construction [7]