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According to the data released by the Ministry of Finance, the revenue of the general public budget for the whole year of 2018 was 1833.2 billion yuan, basically in line with the budget at the beginning of the year; the expenditure of the general public budget was 220.90.6 billion yuan, which was 5.3% over the budget of 20983 billion yuan at the beginning of the year.
Reuters estimated that the general public budget revenue in December was 1,101.9 billion yuan, an increase of 1.8% over the same period last year, and that the public budget expenditure in December was 2,915.5 billion yuan, an increase of 22.7% over the same period last year.
According to the budget report issued by the Ministry of Finance in March 2018, the revenue of the national general public budget in 2018 was 183.17 billion yuan, an increase of 6.1% over the previous year; the expenditure of the national general public budget was 209.83 billion yuan, an increase of 7.6% over the previous year; the deficit was 2.38 trillion yuan, and the deficit rate was expected to be 2.6%.
Xu Hongcai, Assistant Minister of Finance of China, said last week that the focus of active fiscal policy should be "intensifying" and "improving efficiency". Efficiency improvement refers to improving the efficiency of allocation of financial funds and the efficiency of the use of financial funds. Pressure should be maintained, the government should live a tight life, and general expenditure should be reduced by more than 5%. At the same time, it will be difficult to activate the fiscal stock funds for a long time. All deposited funds will be recovered.


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