The national general public budget revenue in 2023 exceeded 21 trillion yuan, an increase of 6.4%. All 31 provinces in the country achieved positive growth in fiscal revenue.
In 2024, to support economic recovery, the financial department will focus on expanding domestic demand, mainly from the two aspects of investment and consumption. The government will pay more attention to investing in areas that can improve economic efficiency and productivity, and focus on the sustainability of investment to avoid over-investment and waste. The scale of new tax cuts and fee reductions nationwide exceeded 2.2 trillion yuan throughout the year.