Revenue Summary - In 2025, the national general public budget revenue is projected to be 21,604.5 billion yuan, a decrease of 1.7% compared to 2024 [1] - Tax revenue is expected to be 17,636.3 billion yuan, an increase of 0.8%, while non-tax revenue is anticipated to decline by 11.3% to 39,682 billion yuan [1] - Central government revenue is forecasted at 93,963 billion yuan, down 6.5%, while local government revenue is expected to rise by 2.4% to 122,082 billion yuan [1] Tax Revenue Breakdown - Domestic value-added tax is projected at 68,947 billion yuan, an increase of 3.4% [1] - Corporate income tax is expected to reach 41,304 billion yuan, growing by 1% [1] - Personal income tax is forecasted to increase by 11.5% to 16,187 billion yuan [1] - Export tax rebates are projected to grow by 10.7% to 21,337 billion yuan, while import VAT and consumption tax are expected to decline by 4.8% to 18,263 billion yuan [1] Expenditure Summary - Total national general public budget expenditure is projected to be 28,739.5 billion yuan, an increase of 1% from 2024 [2] - Central government expenditure is expected to rise by 5.7% to 43,034 billion yuan, while local government expenditure is projected to grow by 0.2% to 244,361 billion yuan [2] Major Expenditure Categories - Education expenditure is forecasted at 43,417 billion yuan, increasing by 3.2% [2] - Social security and employment expenditure is expected to grow by 6.7% to 44,416 billion yuan [2] - Health expenditure is projected to rise by 5.7% to 21,446 billion yuan [2] Government Fund Budget - Government fund budget revenue is expected to be 57,700 billion yuan, a decrease of 7% [3] - Government fund budget expenditure is projected to increase by 11.3% to 112,900 billion yuan, driven by accelerated bond fund usage [3] - Total expenditure on special bonds and financial institution injections is expected to reach 61,900 billion yuan, an increase of 37.6% compared to 2024 [3]
2025年证券交易印花税同比增长57.8%
Zheng Quan Ri Bao·2026-01-30 16:06