China's Fiscal Revenue and Expenditure in 2017

网络与新媒体1501  20151302979 陈雅森

On January 25, 2018,a press conference held by the Ministry of Finance of the People's Republic of China, releasing the fiscal revenue and expenditure of 2017.

According to the data released by the Ministry of Finance, from January to December 2017, China's general public budget revenue totaled 17,256.7 billion yuan, with an increase of 7. 4 percent year-on-year, the general public budget expenditures totaled 2033 billion yuan, with an increase of 7.7 percent over the previous year.


Fiscal revenue in 2017

From January to December 2017, China's general public budget revenue totaled 17,256.7 billion yuan, of which 81,119 billion yuan was received from the central general public budget. Tax revenue of general public budget revenue totaled 14436 billion yuan, up 10.7% year on year.Non-tax revenue was 2820.7 billion yuan, down 6.9 percent year on year.


Income from the main taxes has been increased over the previous year.The tax revenue of advanced manufacturing and modern service industries increased considerably, and structural adjustment and kinetic energy conversion are more obvious in tax revenue.


Driven by the in-depth implementation of "made in China 2025" and the sustained and rapid development of equipment manufacturing and high-tech industries, the tax revenue of general equipment manufacturing, special equipment manufacturing, computer communications and other electronic equipment manufacturing increased by 23.5%, 20.9% and 21.6% respectively. Besides, the growth of the culture and entertainment industry and the entertainment industry, the Internet and the relevant services, software and information technology services are growing by 17.4%, 55.1 percent, and 36% not only because of the new growth and new kinetic energy, the tax cuts and the reduction of the tax rate and the energy of the economy, but the growth of the culture, tourism, information and so on.

As tax revenues go up, non-tax revenue is down 6.9 percent, and the main reason is that it's a state issue, and it's a full clean-up charge, canceling or canceling some of the administrative charges.


National fiscal expenditure in 2017

From January to December 2017, China's general public budget expenditures totaled 2033 billion yuan, an increase of 7.7% over the previous year. The central government spent 2985.9 billion yuan on the same level of the general public budget, an increase of 7.5% over the previous year. Local general public budget expenditures totaled 17,347.1 billion yuan, an increase of 7.7 percent over the previous year.


Major expenditure items will be shown on the following charts.


Compared with part of the national fiscal expenditure of 2017 and 2016, we can find that the national government has always attached great importance to education, science and technology, people's livelihood security, and continue to increase investment in these areas.



Data Source:

国家财政资金收入多少,又都花在哪?2017年国家账本公布!

财政部2017年财政收支情况新闻发布会实录

人民网:财政部公布2017年财政收支情况 去年财政收入超17万亿

2016数据:中华人民共和国国家统计局

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