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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, March 19 (Xinhua) — China's general public budget revenue increased 0.7 percent year-on-year in January-February 2026 to nearly 4.42 trillion yuan (about 640.81 billion U.S. dollars), according to data from the Ministry of Finance released Thursday.
During this period, the central general public budget's revenue was 1.92 trillion yuan, down 1.7 percent year-on-year, while local general public budgets' own revenue grew 2.6 percent year-on-year to 2.5 trillion yuan.
In the first two months, the country's tax revenue totaled 3.64 trillion yuan, up 0.1 percent year-on-year, while non-tax revenue rose 3.4 percent to 776.1 billion yuan.
China's budget expenditures in the first two months of the year increased by 3.6 percent year-on-year to 4.67 trillion yuan. Specifically, central general public budget expenditures increased by 4.5 percent, while local general public budget expenditures increased by 3.5 percent.
In January-February, social security and employment expenditures totaled 927.9 billion yuan, up 8.6 percent year-on-year. Healthcare expenditures reached 411.9 billion yuan, up 17.3 percent year-on-year.
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