Core Viewpoint - Jiangsu Province's fiscal performance in the first seven months of 2025 shows a slight increase in both revenue and expenditure, indicating a focus on enhancing fiscal management and supporting economic development [1]. Fiscal Performance - General public budget revenue reached 680.139 billion yuan, a year-on-year increase of 1.5% [1] - General public budget expenditure totaled 834.365 billion yuan, a year-on-year increase of 2%, achieving 54% of the annual budget, which is 0.5 percentage points faster than the same period in 2024 [1]. Resource Allocation - The province has intensified fiscal resource coordination, prioritizing key areas through zero-based budgeting reforms and optimizing expenditure structures [2]. - Social spending amounted to 649.925 billion yuan, accounting for 77.9% of total public budget expenditure, with significant growth in education (5.5%), social security (6.8%), health (12.5%), and housing security (5.2%) [2]. Investment and Innovation - Special funds of 28.3 billion yuan were allocated for transportation projects, including major rail and waterway construction [2]. - Over 2 billion yuan was allocated to support manufacturing innovation and digital transformation initiatives [2]. Support for Foreign Trade and Employment - The province implemented measures to stabilize foreign trade and employment, including financial support for trade exhibitions and export credit insurance [3]. - A total of 10.032 billion yuan was reduced in unemployment insurance fees to alleviate operational costs for businesses [3]. Market Vitality Initiatives - Jiangsu's fiscal policies have been designed to stimulate market activity, including the provision of interest subsidies and loans to small and micro enterprises [4]. - The province launched consumption promotion policies, distributing 4.79 billion yuan in lottery vouchers to boost consumer spending [4]. Financial Group Formation - The establishment of the Jiangsu National Financial Investment Group aims to enhance the province's financial landscape and strengthen fiscal capacity [5]. Direct Financial Support - A new implementation plan for direct financial support to enterprises has been established, allowing for rapid access to funds without application requirements [6]. Governance and Management Improvements - Jiangsu is advancing fiscal management reforms, including zero-based budgeting and enhanced digital platforms for real-time financial data monitoring [7]. - The province is also working on legislative measures to improve financial supervision and performance evaluation systems [7].

Core Viewpoint - Jiangsu Province's fiscal performance in the first seven months of the year shows a slight increase in both revenue and expenditure, indicating a focus on effective financial management to support economic growth [1] Group 1: Fiscal Performance - The general public budget revenue reached 680.139 billion yuan, a year-on-year increase of 1.5% [1] - The general public budget expenditure totaled 834.365 billion yuan, with a year-on-year growth of 2% and completion of 54% of the annual budget [1] Group 2: Focus on Key Areas - Fiscal resources are being prioritized for key sectors, with 649.925 billion yuan allocated to livelihood expenditures, accounting for 77.9% of total expenditures [2] - Significant growth in key areas: education (5.5%), social security (6.8%), health (12.5%), and housing security (5.2%) [2] - Investment in transportation and water conservancy projects includes 28.3 billion yuan for transportation and 10.245 billion yuan for water conservancy [2] Group 3: Support for Foreign Trade and Employment - Implementation of measures to stabilize foreign trade and employment, including a reduction of 10.032 billion yuan in unemployment insurance fees [3] - Support for foreign trade enterprises through funding for participation in domestic and international exhibitions [3] Group 4: Market Vitality Initiatives - Introduction of innovative fiscal policies to enhance market vitality, including 906 million yuan in interest subsidies to encourage bank loans to enterprises [4] - Launch of consumption promotion policies, including 117.6 million yuan in subsidies for cultural and sports events [4] Group 5: Establishment of Investment Group - Formation of the Jiangsu National Financial Investment Group to enhance the province's financial landscape and support market-oriented investments [5] Group 6: Direct Financial Support - Implementation of a "direct access" policy for fiscal funds, allowing eligible projects to receive funding without application processes [6] Group 7: Scientific Management and Governance - Focus on improving fiscal management through zero-based budgeting reforms and enhanced collaboration between fiscal and tax systems [7] - Development of a digital platform for real-time monitoring and analysis of fiscal data to improve resource allocation [7]