Core Viewpoint - Jiangsu Province's 2025 general public budget reflects a balance between fiscal restraint and support for quality living standards, emphasizing sustainable fiscal development to meet economic responsibilities and high-quality goals during the "14th Five-Year Plan" period [1] Group 1: Budget Overview - The total general public budget revenue for Jiangsu in 2025 is 10,246 billion yuan, with tax revenue accounting for 7,929 billion yuan, representing 77.4% of total revenue [1] - General public budget expenditure reached 15,190 billion yuan, with social welfare spending totaling 11,979 billion yuan, making up 78.9% of total expenditure [1] Group 2: Zero-Based Budgeting Reform - Jiangsu's zero-based budgeting reform for 2025 aims to restructure the budget system starting from zero, focusing on comprehensive income coordination and expenditure source control [2] - The number of provincial special funds has been reduced by 25% to 47 items for 2025, with plans to further decrease to below 30 items in 2026 [2] - The implementation of performance evaluation for special funds has shifted from a "soft requirement" to a "hard constraint," leading to the cancellation of underperforming budget allocations [2] Group 3: Social Welfare Spending - Education spending is set at 2,894 billion yuan, a year-on-year increase of 4.9%; social security and employment spending is 2,238 billion yuan, also up by 4.9%; health spending is 1,250 billion yuan, growing by 1.7% [3] Group 4: Activation of Dormant Assets - Jiangsu has initiated a platform for the adjustment and sharing of state-owned assets, resulting in the reactivation of over 37,000 assets and saving 55.03 million yuan in fiscal funds [4] - The province is focusing on a systematic approach to utilize state-owned assets, including the establishment of a smart regulatory platform for state-owned assets [4] Group 5: Financial Measures for Economic Development - In 2025, Jiangsu introduced 20 "Fiscal + Financial" measures, leveraging 600 billion yuan in financial resources to support high-quality economic development [7] - The province has facilitated over 1,400 billion yuan in interest-subsidized loans to reduce financing costs for enterprises [7] - Jiangsu is enhancing service platforms to ensure that fiscal policies effectively reach and benefit the real economy [7] Group 6: Future Directions - Jiangsu's fiscal strategy emphasizes a "big finance" concept, encouraging fiscal staff to align with broader economic and social development goals [8] - The province aims to convert the "gold content" of fiscal funds into growth drivers for high-quality development and improvements in public welfare [8]
江苏财政以全流程深层次改革推动可持续发展过起“紧日子”,撑起“好日子”
Xin Hua Ri Bao·2026-01-28 00:20