China’s financial spending increased by 3.4 percent on an annual basis, reaching approximately 14.13 trillion yuan (about $ 1.98 trillion) during the first half of 2025.
Official data issued by the Chinese Ministry of Finance showed that financial departments at all levels continued to enhance spending in the main fields, and financial spending on social security and employment increased by 9.2 percent on an annual basis during the period between January (January) and June.
During the first six months, financial spending on science and technology increased by 9.1 percent on an annual basis, while spending on education and health increased by 5.9 percent and 4.3 percent, respectively.
China’s financial revenues decreased by 0.3 percent on an annual basis; To reach about 11.56 trillion yuan during the first half of this year.
The central government in China has gathered approximately 4.86 trillion yuan from financial revenue, a 2.8 percent decrease on an annual basis, while local governments collected nearly 6.7 trillion yuan, an increase of 1.6 percent on an annual basis.
