China's fiscal expenditure increases 3.4 pect in H1

Minister of Local Administration discusses with Director of UN Envoy's Office development programs

The Minister of Local Administration Eng. Badr Basalma met today, Tuesday, in the temporary capital Aden, with the Director of the Office of the UN Envoy to Yemen, Brit Scott and the Political Affairs Officer of the office, Tamana Obeid.

Casualty Toll from Israeli Offensive on Gaza Rises to 72,070 Martyrs, 171,738 Injured

The casualty toll from the Israeli occupation’s offensive on the Gaza Strip since October 7, 2023, has risen to 72,070 martyrs and 171,738 injured, according to the Ministry of Health in Gaza.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/25 Time 01:00:18
Latest News:

Finance Minister, US Ambassador Discuss Support for Comprehensive Economic Reforms

Two republican decrees about appointing commander for Special Security Forces, chair for Civil Defense ..

Al-Khanbashi confers with Regional Director of NDI over peace, development tracks

Minister of Planning discusses with international organizations joint coordination

Aden Governor Discusses Progress of Projects Implemented by Kuwaiti Direct Aid Society

China's fiscal expenditure increases 3.4 pect in H1

[26/07/2025 06:19]

BEIJING-SABA
China's fiscal expenditure expanded 3.4 percent year-on-year, reaching nearly 14.13 trillion yuan (about 1.98 trillion US dollars) during the first half of 2025.

The Chinese Ministry of Finance stated in a statement published by the Chinese news agency (Xinhua) that financial expenditure on social security and employment rose by 9.2 percent year-on-year during the period between January and June.
According to the statement, fiscal spending on science and technology increased by 9.1 percent year-on-year, while spending on education and health rose by 5.9 percent and 4.3 percent, respectively.

The country's financial revenues declined by 0.3 percent year-on-year to approximately 11.56 trillion yuan during the first half of the current year.

The data showed that the central government collected approximately 4.86 trillion yuan in financial revenue, a decrease of 2.8 percent year-on-year, while local governments collected about 6.7 trillion yuan, an increase of 1.6 percent year-on-year.