Core Insights - Beijing's fiscal revenue for the first four months reached 254.79 billion yuan, a year-on-year increase of 1.8% [1] - Total expenditure for the same period was 335.92 billion yuan, reflecting a year-on-year growth of 2.8% [2] Revenue Summary - The city's general public budget revenue completed 254.79 billion yuan, achieving 38.4% of the annual budget, exceeding the timeline by 5.1 percentage points [1] - Local tax revenue amounted to 220.77 billion yuan, with a year-on-year increase of 3.7% [1] - The three major tax categories contributed 165.32 billion yuan, a growth of 6.9%, accounting for 64.9% of total revenue [1] - Value-added tax reached 78.65 billion yuan, growing by 3.0% [1] - Corporate income tax totaled 59.39 billion yuan, with a significant increase of 12.7%, driven by profits from key information and technology enterprises [1] - Personal income tax was 27.28 billion yuan, up by 6.4%, influenced by stock option exercises and year-end bonuses [1] Expenditure Summary - General public budget expenditure was 335.92 billion yuan, completing 40.0% of the annual budget, exceeding the timeline by 6.7 percentage points [2] - Key expenditure areas included: - Science and technology spending of 30.68 billion yuan, up 9.0%, focusing on basic research and innovation [2] - Education expenditure of 45.66 billion yuan, increasing by 8.0%, aimed at supporting early childhood education and higher education [2] - Health spending of 27.59 billion yuan, a growth of 2.4%, ensuring stable operation of public medical institutions [2] - Social security and employment expenditure of 54.65 billion yuan, up 2.9%, enhancing the social security system [2] - Urban and community spending of 44.49 billion yuan, increasing by 3.6%, supporting infrastructure projects [2]