央视网消息：12月17日，财政部发布2025年1—11月财政收支情况。 一、全国一般公共预算收支情况 （一）一般公共预算收入情况。 1—11月，全国一般公共预算支出248538亿元，同比增长1.4%。分中央和地方看，中央一般公共预算本 级支出38232亿元，同比增长6.2%；地方一般公共预算支出210306亿元，同比增长0.6%。 二、全国政府性基金预算收支情况 （一）政府性基金预算收入情况。 1—11月，全国政府性基金预算收入40274亿元，同比下降4.9%。分中央和地方看，中央政府性基金预 算收入3938亿元，同比增长0.6%；地方政府性基金预算本级收入36336亿元，同比下降5.5%，其中，国 有土地使用权出让收入29119亿元，同比下降10.7%。 （二）政府性基金预算支出情况。 1—11月，全国政府性基金预算支出92124亿元，同比增长13.7%。分中央和地方看，中央政府性基金预 算本级支出9078亿元，同比增长1.9倍；地方政府性基金预算支出83046亿元，同比增长6.6%，其中，国 有土地使用权出让收入相关支出38489亿元，同比下降6.6%。 1—11月，全国一般公共预算收入200516亿元， ...

财政部发布2025年1—11月财政收支情况。 一、全国一般公共预算收支情况 2.国内消费税15639亿元，同比增长2.5%。 3.企业所得税40234亿元，同比增长1.7%。 4.个人所得税14689亿元，同比增长11.5%。 5.进口货物增值税、消费税16520亿元，同比下降4.7%。关税2149亿元，同比下降3.2%。 6.出口退税19038亿元，同比增长5.6%。 7.城市维护建设税4753亿元，同比增长3.4%。 （一）一般公共预算收入情况。 1—11月，全国一般公共预算收入200516亿元，同比增长0.8%。其中，全国税收收入164814亿元，同比 增长1.8%；非税收入35702亿元，同比下降3.7%。分中央和地方看，中央一般公共预算收入88464亿 元，同比下降1%；地方一般公共预算本级收入112052亿元，同比增长2.2%。 主要税收收入项目情况如下： 1.国内增值税63629亿元，同比增长3.9%。 8.车辆购置税1814亿元，同比下降17.4%。 9.印花税4044亿元，同比增长27%。其中，证券交易印花税1855亿元，同比增长70.7%。 10.资源税2717亿元，同比下降0.5%。 1 ...

Group 1 - The core viewpoint of the articles indicates that China's fiscal revenue for the first ten months of the year has shown a modest growth of 0.8% year-on-year, with total public budget revenue reaching 186.49 billion yuan [1][2] - Tax revenue has increased by 1.7% year-on-year, amounting to 153.36 billion yuan, while non-tax revenue has decreased by 3.1%, totaling 33.13 billion yuan [1] - In October alone, public budget revenue was 22.6 billion yuan, reflecting a year-on-year growth of 3.2%, which is an improvement of 0.3 percentage points compared to the previous nine months [1] Group 2 - Public budget expenditure has also maintained growth, with total expenditure for the first ten months reaching 225.83 billion yuan, a year-on-year increase of 2% [2] - Key areas of expenditure include social security and employment, which grew by 9.3%, education at 4.7%, and health care at 2.4% [2] - Government fund budget revenue has decreased by 2.8% to 34.5 billion yuan, while expenditure has surged by 15.4% to 80.9 billion yuan, largely due to accelerated use of bond funds [2]

National General Public Budget Revenue and Expenditure - From January to October, the national general public budget revenue reached 186,490 billion yuan, representing a year-on-year increase of 0.8% [1][2] - Tax revenue accounted for 153,364 billion yuan, with a year-on-year growth of 1.7%, while non-tax revenue was 33,126 billion yuan, showing a decline of 3.1% [2] - Central government revenue was 81,856 billion yuan, down 0.8%, while local government revenue was 104,634 billion yuan, up 2.1% [2] Major Tax Revenue Items - Domestic value-added tax generated 58,858 billion yuan, increasing by 4% [3] - Domestic consumption tax amounted to 14,390 billion yuan, with a growth of 2.4% [4] - Corporate income tax reached 39,182 billion yuan, up 1.9% [5] - Personal income tax was 13,363 billion yuan, showing a significant increase of 11.5% [6] - Import goods value-added tax and consumption tax totaled 15,007 billion yuan, down 4.9% [7] - Export tax rebates were 18,121 billion yuan, increasing by 6.9% [8] - Stamp duty revenue was 3,781 billion yuan, with a notable increase of 29.5%, including securities transaction stamp duty at 1,629 billion yuan, up 88.1% [11] National General Public Budget Expenditure - Total expenditure from January to October was 225,825 billion yuan, reflecting a year-on-year increase of 2% [20] - Central government expenditure was 34,727 billion yuan, up 6.3%, while local government expenditure was 191,098 billion yuan, increasing by 1.2% [20] Major Expenditure Categories - Education expenditure reached 34,117 billion yuan, growing by 4.7% [22] - Social security and employment expenditure was 37,742 billion yuan, up 9.3% [22] - Environmental protection expenditure increased by 11.6% to 262 billion yuan [18] Government Fund Budget Revenue and Expenditure - Government fund budget revenue was 34,473 billion yuan, down 2.8% [23] - Local government fund budget revenue was 30,855 billion yuan, declining by 3.3%, with land use rights transfer income at 24,982 billion yuan, down 7.4% [23] - Government fund budget expenditure was 80,892 billion yuan, increasing by 15.4% [23]

National General Public Budget Revenue - From January to October, the national general public budget revenue reached 18,649 billion yuan, a year-on-year increase of 0.8% [2] - Tax revenue accounted for 15,336.4 billion yuan, with a year-on-year growth of 1.7%, while non-tax revenue was 33,126 billion yuan, showing a decline of 3.1% [2] - Central government revenue was 81,856 billion yuan, down 0.8%, while local government revenue was 104,634 billion yuan, up 2.1% [2] Major Tax Revenue Items - Domestic value-added tax generated 58,858 billion yuan, increasing by 4% [3] - Domestic consumption tax amounted to 14,390 billion yuan, with a growth of 2.4% [4] - Corporate income tax reached 39,182 billion yuan, up 1.9% [5] - Personal income tax saw a significant increase of 11.5%, totaling 13,363 billion yuan [6] - Import VAT and consumption tax totaled 15,007 billion yuan, down 4.9%, while customs duties were 1,954 billion yuan, down 3.3% [7] - Export tax rebates were 18,121 billion yuan, reflecting a growth of 6.9% [8] - Urban maintenance and construction tax was 4,377 billion yuan, up 3.5% [9] - Vehicle purchase tax decreased significantly by 16.3%, totaling 1,676 billion yuan [10] - Stamp duty revenue reached 3,781 billion yuan, with a notable increase of 29.5%, including a remarkable 88.1% growth in securities transaction stamp duty [11] - Property tax increased by 10.6%, amounting to 4,373 billion yuan [14] National General Public Budget Expenditure - Total expenditure from January to October was 225,825 billion yuan, a year-on-year increase of 2% [20] - Central government expenditure was 34,727 billion yuan, up 6.3%, while local government expenditure was 191,098 billion yuan, increasing by 1.2% [20] Major Expenditure Items - Education expenditure reached 34,117 billion yuan, growing by 4.7% [21] - Social security and employment expenditure was 37,742 billion yuan, with a growth of 9.3% [24] - Science and technology expenditure totaled 7,847 billion yuan, increasing by 5.7% [22] - Expenditure on urban and rural community services decreased by 7.3%, totaling 15,253 billion yuan [24] - Expenditure on agriculture, forestry, and water resources fell by 11.7%, amounting to 17,627 billion yuan [24] National Government Fund Budget Revenue - Government fund budget revenue was 34,473 billion yuan, down 2.8% [24] - Local government fund budget revenue was 30,855 billion yuan, decreasing by 3.3%, with land use rights transfer income at 24,982 billion yuan, down 7.4% [24] National Government Fund Budget Expenditure - Total government fund budget expenditure was 80,892 billion yuan, a significant increase of 15.4% [24] - Central government fund budget expenditure was 8,564 billion yuan, up 2.2 times, while local government fund budget expenditure was 72,328 billion yuan, increasing by 7.3% [24]

Core Insights - The Ministry of Finance reported that from January to October, the national government fund budget expenditure reached 80,892 billion yuan, representing a year-on-year increase of 15.4% [1] Group 1: Central and Local Government Expenditure - Central government fund budget expenditure amounted to 8,564 billion yuan, showing a year-on-year increase of 2.2 times [1] - Local government fund budget expenditure totaled 72,328 billion yuan, with a year-on-year growth of 7.3% [1] Group 2: Land Use Rights Revenue - Expenditure related to state-owned land use rights transfer income was 33,752 billion yuan, which reflects a year-on-year decline of 6.5% [1]

Core Insights - The Ministry of Finance reported the fiscal revenue and expenditure situation for January to October 2025, indicating a slight increase in overall public budget revenue and a modest growth in expenditure [1] General Public Budget Revenue - Total public budget revenue reached 18.649 trillion yuan, a year-on-year increase of 0.8% [1] - Tax revenue accounted for 15.336 trillion yuan, growing by 1.7% year-on-year, while non-tax revenue was 3.3126 trillion yuan, declining by 3.1% [1] - Central government revenue was 8.1856 trillion yuan, down 0.8%, while local government revenue was 10.4634 trillion yuan, up 2.1% [1] Major Tax Revenue Items - Domestic VAT generated 5.8858 trillion yuan, increasing by 4% [2] - Domestic consumption tax totaled 1.4390 trillion yuan, up 2.4% [3] - Corporate income tax reached 3.9182 trillion yuan, growing by 1.9% [4] - Personal income tax saw significant growth at 1.3363 trillion yuan, up 11.5% [5] - Import VAT and consumption tax amounted to 1.5007 trillion yuan, down 4.9%, while customs duties were 195.4 billion yuan, down 3.3% [6] - Export tax rebates were 1.8121 trillion yuan, increasing by 6.9% [7] - Stamp duty revenue was 378.1 billion yuan, with securities transaction stamp duty rising by 88.1% to 162.9 billion yuan [10] General Public Budget Expenditure - Total public budget expenditure was 22.5825 trillion yuan, a year-on-year increase of 2% [19] - Central government expenditure was 3.4727 trillion yuan, up 6.3%, while local government expenditure was 19.1098 trillion yuan, increasing by 1.2% [19] Major Expenditure Items - Education expenditure reached 3.4117 trillion yuan, growing by 4.7% [20] - Social security and employment expenditure was 3.7742 trillion yuan, up 9.3% [24] - Expenditure on agriculture, forestry, and water resources was 1.7627 trillion yuan, down 11.7% [26] - Urban and rural community expenditure decreased by 7.3% to 1.5253 trillion yuan [25] Government Fund Budget Revenue - Government fund budget revenue totaled 3.4473 trillion yuan, a decline of 2.8% [22] - Local government fund budget revenue was 3.0855 trillion yuan, down 3.3%, with land use rights transfer income at 2.4982 trillion yuan, decreasing by 7.4% [22] Government Fund Budget Expenditure - Total government fund budget expenditure was 8.0892 trillion yuan, increasing by 15.4% [23] - Local government fund budget expenditure was 7.2328 trillion yuan, up 7.3%, with related expenditures for land use rights transfer income at 3.3752 trillion yuan, down 6.5% [23]

Core Viewpoint - The report highlights a significant increase in government fund budget expenditures in China for the first ten months of the year, driven by accelerated utilization of bond funds by various levels of government [1] Group 1: Government Fund Budget Expenditures - Total government fund budget expenditures reached 8.09 trillion yuan, marking a growth of 15.4% year-on-year [1] - The expenditures include 4.54 trillion yuan allocated from various bond funds, which encompasses special local government bonds, ultra-long-term special national bonds, and special national bonds for central financial institution injections [1]

Core Insights - China's fiscal revenue for the first three quarters of the year reached 163,876 billion yuan, showing a year-on-year growth of 0.5%, with tax revenue contributing 132,664 billion yuan and a growth of 0.7% [1][2] Group 1: Fiscal Revenue Trends - The growth rate of fiscal revenue has been increasing quarterly, with a decline of 1.1% in Q1, a recovery to 0.6% in Q2, and a notable increase of 2.5% in Q3 [1] - In Q3, tax revenue showed steady growth, with domestic value-added tax increasing by 3.6% and corporate income tax rising by 0.8%, indicating a recovery in industrial profits [1] Group 2: Non-Tax Revenue and Expenditure - Non-tax revenue for the first three quarters was 31,212 billion yuan, reflecting a decline of 0.4%, with a significant drop in penalty income by 7% [2] - Total public budget expenditure reached 208,064 billion yuan, marking a year-on-year increase of 3.1%, with the highest growth rates in social security, education, and health sectors in three years [2] Group 3: Government Fund Budget - The decline in government fund budget revenue narrowed by 1.9 percentage points compared to the first half of the year, while expenditure grew by 23.9%, driven by accelerated use of bond funds [2] - A total of 42,100 billion yuan was spent from various government bonds, enhancing economic momentum and supporting ongoing economic recovery [2]

Core Insights - The Ministry of Finance reported that from January to August 2025, the national general public budget revenue reached 148198 billion yuan, reflecting a year-on-year growth of 0.3% [1] - During the same period, the national general public budget expenditure was 179324 billion yuan, showing a year-on-year increase of 3.1% [1] Revenue Summary - National general public budget revenue for January to August 2025 was 148198 billion yuan, with tax revenue at 121085 billion yuan, a slight increase of 0.02% year-on-year, and non-tax revenue at 27113 billion yuan, growing by 1.5% [1] - Central government budget revenue was 64268 billion yuan, down 1.7% year-on-year, while local government budget revenue was 83930 billion yuan, up 1.8% [1] Expenditure Summary - National general public budget expenditure for the same period was 179324 billion yuan, with a year-on-year growth of 3.1% [1] - Central government budget expenditure was 26570 billion yuan, increasing by 8% year-on-year, while local government budget expenditure was 152754 billion yuan, up 2.3% [1] Government Fund Budget Summary - National government fund budget revenue from January to August 2025 was 26449 billion yuan, a decrease of 1.4% year-on-year [1] - National government fund budget expenditure was 62602 billion yuan, reflecting a significant year-on-year increase of 30% [1]