China's Ministry of Finance reports first-half general public budget revenue of 11.5913 trillion yen, down 2.8% year-on-year - Chinese media

The Ministry of Finance of China has released the income and expenditure situation of the national general public budget (equivalent to general account) for the first half of this year. According to the information released, the national general public budget revenue for the first half of this year was
The total was 11.5913 trillion yen (approximately 249 trillion yen), down 2.8%. This was due to the fact that taxes deferred in the same period of the previous year were paid by small and medium-sized enterprises, and tax cuts were introduced in the middle of the previous year.
If factors such as the above are excluded, the increase will be about 1.5%. Divided into central and local governments, the central government's general public budget revenue will be 5.11 trillion yen (about 107 trillion yen), down 7.2% year-on-year, and the local government's general public budget revenue will be
The total was 6.59 trillion yen (approximately 142 trillion yen), up 0.9% from the previous year. In addition, the national tax revenue was 9.408 trillion yen (approximately 202 trillion yen), down 5.6% from the previous year, and non-tax revenue was 2.4 trillion yen (approximately 2.1 trillion yen), up 11.7% from the previous year.
On the other hand, national general public budget expenditures for January to June increased by 2.0% year-on-year to 13.6571 trillion yen (about 293 trillion yen). Of this, central government general public budget expenditures increased by 2.0% year-on-year to 13.6571 trillion yen (about 293 trillion yen).
In fiscal 2018, general public budget expenditures increased 9.6% year-on-year to 1.8267 trillion yen (approximately 39 trillion yen), while local general public budget expenditures increased 0.9% year-on-year to 11.8304 trillion yen (approximately 254 trillion yen).