Core Viewpoint - The article discusses the 2026 government budget data, highlighting a total revenue and expenditure exceeding 50 trillion yuan, with a focus on balancing the national general public budget through significant government bond issuance to cover a projected deficit of 5.89 trillion yuan [2][3]. Group 1: National General Public Budget - The national general public budget revenue is projected at 22.07 trillion yuan, reflecting a growth of 2.2%, with total revenue expected to reach 24.12 trillion yuan when including transfers and carryover funds [3]. - The expenditure for the national general public budget is estimated at 30.01 trillion yuan, marking a 4.4% increase, leading to a deficit of 5.89 trillion yuan, which will be addressed through the issuance of government bonds [3][4]. - Central and local budget revenues are expected to be 9.57 trillion yuan and 12.5 trillion yuan respectively, with the central government contributing approximately 43% and local governments 57% to the total revenue [4]. Group 2: Transfer Payments and Expenditure Focus - The central government’s transfer payments to local governments are set to reach a record high of 10.42 trillion yuan, aimed at enhancing local fiscal capacity and supporting essential services [6]. - Key areas of expenditure include education, social security, health care, and housing, with a combined budget exceeding 12.4 trillion yuan, representing over 41% of total expenditures, the highest proportion in recent years [6][7]. - The growth rate of these four major social expenditures is approximately 5%, surpassing the overall expenditure growth rate of 4.4% [6]. Group 3: Government Fund Budget - The national government fund budget revenue is projected at about 5.81 trillion yuan, with a slight increase of 0.6%, while total revenue, including carryover and special bond income, is expected to reach approximately 11.87 trillion yuan [8]. - Government fund budget expenditures are also anticipated to grow by 5.1%, maintaining a focus on stimulating economic demand and supporting public service projects [8]. - The total new government debt income for the year is expected to reach a historical high of 11.89 trillion yuan, reflecting a strategic approach to fiscal policy aimed at sustaining economic growth and addressing debt risks [8].
今年全国财政收支预算账本盘点,财政支出结构持续优化
第一财经·2026-03-12 13:52