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China's fiscal revenue increased by 1.3% in 2024, driven by a surge in non-tax revenue.
In 2024, China's fiscal revenue rose by 1.3% to 21.97 trillion yuan ($3.05 trillion), with tax revenue falling 3.4% and non-tax revenue jumping 25.4%.
The central government collected 10.04 trillion yuan, up 0.9%, while local governments collected 11.93 trillion yuan, up 1.7%.
Fiscal expenditure increased by 3.6% to 28.46 trillion yuan, with significant growth in education, science and technology, and social security spending.
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Los ingresos fiscales de China aumentaron un 1,3% en 2024, impulsados por un aumento de los ingresos no fiscales.