National general public budget revenue will exceed 21 trillion yuan in 2023. All 31 provinces in the country achieved positive growth in fiscal revenue.
At the beginning of 2023, the fiscal deficit rate will be set at 3%. In order to support post-disaster recovery and reconstruction and enhance disaster prevention, reduction and relief capabilities, an additional 1 trillion yuan were issued in the fourth quarter, all of which were arranged to local governments through transfer payments. The scale of local government special bonds arranged in 20 23 is 3.8 trillion yuan, with priority given to supporting relatively mature projects.