Group 1 - The core viewpoint of the article indicates that the fiscal revenue and expenditure for 2025 are expected to show a "front low, middle high, and back stable" trend, with a projected overall balance in fiscal operations [1] - Fiscal revenue is anticipated to decline by 1.1% in Q1, increase by 0.6% in Q2, and grow by 2.5% in Q3, with a 3.2% growth in October, indicating a steady economic development [1] - The fiscal expenditure is expected to maintain strong support for economic and social development, with a focus on key areas such as social security, technology, education, and health, which accounted for over 10 trillion yuan, or more than 40% of the general public budget expenditure in the first 11 months [1] Group 2 - The use of bond funds has accelerated, with expenditures on special government bonds and other financial instruments reaching 5.15 trillion yuan in the first 11 months, an increase of 1.61 trillion yuan or 45.5% compared to the previous year, enhancing economic momentum [2]
财政部:2025年财政收入呈“前低中高后稳”态势
Xin Hua Cai Jing·2026-01-20 17:18