Core Viewpoint - The financial performance of Xuzhou in the first quarter shows a stable growth in public budget revenue, with a focus on enhancing fiscal management and supporting high-quality development amidst economic challenges [1][2][3] Group 1: Revenue Performance - Xuzhou's general public budget revenue reached 17.563 billion yuan, a year-on-year increase of 1.5%, with tax revenue accounting for 70.6% of total revenue, up 1.4 percentage points from the previous year [1] - The city implemented a "weekly scheduling, ten-day assessment, monthly reporting" mechanism to enhance revenue collection, with specific strategies tailored for different districts, resulting in stable growth in areas like Pizhou, which led the city with an 8.4% increase [2] - Major tax categories such as value-added tax and corporate income tax grew by 12% and 7.1% respectively, indicating a sustained release of economic development momentum [2] Group 2: Expenditure and Social Welfare - In the first quarter, general public budget expenditure totaled 26.573 billion yuan, with over 80% allocated to social welfare, ensuring strong support for key areas [1] - Health expenditure increased by 32.5% year-on-year, while social security and employment spending rose by 25.2%, reflecting a commitment to enhancing public health and supporting employment policies [2] Group 3: Fiscal Management Innovations - The financial bureau is planning for a zero-based budgeting reform for 2026, focusing on refined, standardized, institutionalized, and intelligent management practices [3] - The bureau has also completed a review of budget unit funds and optimized fund storage to improve efficiency, while actively managing state-owned assets to enhance asset management quality [3]