BEIJING, March 7 (Xinhua) -- China's fiscal budget was well implemented in 2023 thanks to the upward trend in the Chinese economy, a report released by the Ministry of Finance showed on Thursday.
In 2023, China's fiscal revenue rebounded and the country strengthened fiscal support for major national strategic tasks and key areas such as science and technology, rural revitalization, and ecological and environmental protection, said the report.
Newly implemented measures led to tax refunds, tax and fee cuts, and deferrals amounting to 2.2 trillion yuan (309.85 billion U.S. dollars) last year, while subsidies timely channeled to support people in need totaled 156.68 billion yuan.
China will enhance the quality and efficiency of its fiscal policies in 2024, and efforts will be made to support the construction of modernized industrial systems, expansion of domestic demand, improvement of people's livelihoods, integrated development of rural and urban areas, coordinated development among different regions, and prevention and control of local government debt risks.
Related articles:
Related suggestion:
Suspect in London sword attack appears in court on murder charge in death of teenage boyMedia forum in Beijing discusses AI developmentOld Summer Palace exhibition opens in BeijingCoach sees challenges for women's basketball team at Paris 2024Ice and snow warm up winter tourism in Northeast ChinaChina expects 210 mln road passenger trips during National Day holidayConsumer groups push Congress to uphold automatic refunds for airline passengersChinese researchers develop new algorithm to recognize coronal mass ejectionsReal Madrid thrash Celta to cement top spotBritish police officer pleads guilty to terror charges for showing support for Hamas on WhatsApp
2.9034s , 6502.4375 kb
Copyright © 2024 Powered by China's fiscal budget well implemented in 2023 ,World Weaver news portal