ChinaChina's Fiscal Operations Remained Generally Stable in the First Three Quarters
CCTV.com reports (Xinwen Lianbo): The latest data from the Ministry of Finance show that nationwide general public budget revenue reached 17.23 trillion yuan in the first three quarters of this year, up 5.1% year on year, with the growth rate 0.4 percentage points higher than in the first half of the year. China's economy operated generally steadily, continuing its trend toward new and higher-quality development. Factors including rising prices and strong foreign trade growth provided strong support for fiscal revenue growth.
央视网消息（新闻联播）：财政部最新数据显示，今年前三季度，全国一般公共预算收入17.23万亿元，同比增长5.1%，增幅比上半年提高0.4个百分点。我国经济运行总体平稳，延续向新向优发展态势，价格上行、外贸增势强劲等因素有力支撑财政收入增长。
By region, revenue continued to grow in the eastern, central, western, and northeastern regions. Of the 31 provincial-level regions, 28 recorded revenue growth.
分区域看，东部、中部、西部、东北地区收入均保持增长。31个省份中，28个省份收入增长。
Tax revenue growth accelerated. In the first three quarters, nationwide tax revenue reached 14.07 trillion yuan, up 6.1% year on year, with the growth rate 0.8 percentage points higher than in the first half of the year.
税收收入增幅提高。前三季度，全国税收收入14.07万亿元，同比增长6.1%，增幅比上半年提高0.8个百分点。
Alongside revenue growth, necessary spending was maintained, and expenditures related to investment in people were well supported. In the first three quarters, nationwide general public budget expenditure totaled 21.02 trillion yuan, up 1% year on year. Within this total, healthcare spending increased by 7.7%, mainly due to increased disbursement of childcare subsidies, while spending on social security and employment rose by 5.2%.
收入增长的同时，保持必要支出力度，投资于人相关支出得到较好保障。前三季度，全国一般公共预算支出21.02万亿元，同比增长1%。其中，卫生健康支出增长7.7%，主要是发放育儿补贴增加；社会保障和就业支出增长5.2%。
The issuance and use of local government special-purpose bonds accelerated. From January through September, new special-purpose bonds totaling 3,560.8 billion yuan were issued nationwide, representing 81% of the planned issuance.
地方政府专项债券加快发行使用。1—9月，全国共发行新增专项债券35608亿元，发行进度81%。
Since the beginning of this year, China has worked to make its more proactive fiscal policy stronger and more effective, fully harnessed the effectiveness of existing policies, promptly planned and introduced additional policies, and continually improved the efficiency of fiscal fund use, providing strong support for meeting the full-year economic and social development goals and tasks.
今年以来，我国推动更加积极的财政政策发力提效，充分发挥存量政策效能，及时谋划推出增量政策，持续提高财政资金使用效益，为完成全年经济社会发展目标任务提供坚强保障。
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ReportedBond issuanceJanuary 2026 — September 2026+
From January to September, new special-purpose bond issuance totaled 3.5608 trillion yuan, reaching 81% of the issuance target.
The issuance and use of local government special-purpose bonds accelerated. From January through September, new special-purpose bonds totaling 3,560.8 billion yuan were issued nationwide, representing 81% of the planned issuance.Original Chinese quote
1—9月，全国共发行新增专项债券35608亿元，发行进度81%。ReportedFiscal dataDate not specified+
National general public budget revenue totaled 17.23 trillion yuan in the first three quarters, up 5.1% year on year.
CCTV.com reports (Xinwen Lianbo): The latest data from the Ministry of Finance show that nationwide general public budget revenue reached 17.23 trillion yuan in the first three quarters of this year, up 5.1% year on year, with the growth rate 0.4 percentage points higher than in the first half of the year. China's economy operated generally steadily, continuing its trend toward new and higher-quality development. Factors including rising prices and strong foreign trade growth provided strong support for fiscal revenue growth.Original Chinese quote
今年前三季度，全国一般公共预算收入17.23万亿元，同比增长5.1%ReportedTax dataDate not specified+
National tax revenue totaled 14.07 trillion yuan in the first three quarters, up 6.1% year on year.
Tax revenue growth accelerated. In the first three quarters, nationwide tax revenue reached 14.07 trillion yuan, up 6.1% year on year, with the growth rate 0.8 percentage points higher than in the first half of the year.Original Chinese quote
前三季度，全国税收收入14.07万亿元，同比增长6.1%ReportedExpenditure dataDate not specified+
National general public budget expenditure totaled 21.02 trillion yuan in the first three quarters, up 1% year on year.
Alongside revenue growth, necessary spending was maintained, and expenditures related to investment in people were well supported. In the first three quarters, nationwide general public budget expenditure totaled 21.02 trillion yuan, up 1% year on year. Within this total, healthcare spending increased by 7.7%, mainly due to increased disbursement of childcare subsidies, while spending on social security and employment rose by 5.2%.Original Chinese quote
前三季度，全国一般公共预算支出21.02万亿元，同比增长1%。