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In 2021, the central government's revenue exceeded 9 trillion yuan

Date: 2022-06-22
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Xinhua News Agency, Beijing, June 21 (Reporter Shen Cheng) Liu Kun, Minister of Finance, said on the 21st that in 2021, the central general public budget revenue was 9,147.041 billion yuan, accounting for 102.3% of the budget, an increase of 10.5% over 2020. Plus, 193.5 billion yuan was transferred from the central budget stabilization fund, the central government fund budget and the central state-owned capital operating budget, and the total revenue was 9,340.541 billion yuan.

 

Entrusted by the State Council, Liu Kun made a report on the final accounts of the central government in 2021 to the 35th meeting of the Standing Committee of the 13th National People's Congress on the 21st.

 

Liu Kun said that in 2021, the central government's general public budget revenue increased, which was mainly driven by factors such as the sustained recovery and development of the economy, and the high increase in the ex-factory price index (PPI) of industrial producers.

 

The final accounts show that in 2021, the central government's general public budget expenditure was 11,720.23 billion yuan, accounting for 98.6% of the budget, down by 0.9%. With the addition of 361.311 billion yuan from the central budget stabilization fund and 9 billion yuan from the central government fund budget, the total expenditure is 12,090.541 billion yuan. The total revenue and expenditure are in balance, with the central fiscal deficit of 2.75 trillion yuan, which is the same as the budget.

 

The final accounts pointed out that in 2021, the macro-policy will be continuous, stable and sustainable, the proactive fiscal policy will be more sustainable, the policies of tax reduction and fee reduction will be optimized and implemented, the moderate expenditure intensity will be maintained, the financial support for major national strategic tasks will be strengthened, and the initiative will be taken to promote scientific and technological innovation, speed up economic restructuring and adjust income distribution, so as to promote the economic operation in a reasonable range.

 

The final accounts report includes the analysis of this year's financial operation. The data show that in the first five months of this year, the national general public budget revenue was 8,673.9 billion yuan, an increase of 2.9% after deducting the allowance and tax refund factor, and a decrease of 10.1% according to the natural caliber; The national general public budget expenditure was 9,905.9 billion yuan, an increase of 5.9% over the same period of the previous year, and expenditures in key areas such as people's livelihood were strongly guaranteed.

 

Liu Kun said that at present, the complexity, severity and uncertainty of China's economic development environment are rising. From the perspective of the whole year, the fiscal balance is under great pressure, and it takes hard work to complete the budget. In the next step, we will speed up the implementation of the determined policies, intensify macro-policy adjustment, plan incremental policy tools, arrange ahead, speed up the pace and make timely efforts, continue to do a good job of 'six stability' and 'six guarantees', effectively control key risks, and keep the economy running in a reasonable range.


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