机构研究报告-Government finances in China-外文版培训课件

POLITICS

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SOCIETYGovernmentfinancesinChinaCHAPTER

01OverviewGeneralgovernmentrevenueasshareofGDPinChinaincomparisontomajoreconomiesin2023GovernmentrevenuetoGDPratioinChinaincomparison202350%45.8%45%40%37%35%30%25%20%15%10%5%29.2%26.2%20.8%0%GermanyJapan*UnitedStatesChinaIndia*4Description:In2023,thegeneralgovernmentrevenueasashareofGDPinChinawasapproximately26.2percent.Thiswasacomparativelylowvaluecomparedtoothermajoreconomies.

ReadmoreNote(s):Worldwide,China;2023;*Estimate.Generalgovernmentrevenueconsistsoftaxes,socialcontributions,grantsreceivable,andotherrevenue.

ReadmoreSource(s):IMFGeneralgovernmentrevenueasshareofGDPinAsiaPacificin2023,bycountryGeneralgovernmentrevenueasshareofGDPAPAC2023,bycountryGeneralgovernmentrevenueasashareofGDP60%

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100%0%20%40%120%140%160%Nauru*Tuvalu135.03%108.64%Kiribati*100.72%MarshallIslands*Palau66.68%45.82%39.79%Timor-LesteVanuatu*NewZealandJapan*39.32%38.06%36.95%Australia*Mongolia36.34%34.62%SamoaMaldives*34.21%33.67%5Description:ThegeneralgovernmentrevenueasashareofGDPofNauruwasaround135percentin2023.Incomparison,thegeneralgovernmentrevenueinBangladeshwasapproximately8.2percentoftheGDP.

ReadmoreNote(s):APAC;2023;*Estimate.**2022figure.Generalgovernmentrevenueconsistsoftaxes,socialcontributions,grantsreceivable,andotherrevenue.

ReadmoreSource(s):IMFGovernmentbalanceinrelationtoGDPintheAsiaPacificregionin2023,bycountryorregionGovernmentbalanceasapercentageofGDPinAsiaPacific2023,byregionGovernmentbalanceasapercentageofGDP-6%-5%-4%-3%-2%-1%0%1%2%3%4%SingaporeMongolia3.5%2.7%Laos*0.7%SouthKorea*Australia*IndonesiaThailand*Taiwan*Vietnam*Cambodia*NewZealand*Japan*-0.7%-0.9%-1.6%-2%-2.5%-2.5%-2.8%-3.3%-4.2%-4.4%Philippines6/statistics/675116/fiscal-balance-percentage-gdp-asia-pacificThisstatisticshowsthegovernmentbalanceasapercentageofGDPforcountriesandregionsintheAsiaPacificin2023.Accordingtothesource,thegovernmentdeficitofHongKongwasequalto5.7percentofitsgrossdomesticproductthatyear.

ReadmoreNote(s):APAC;2023;*Estimate.**2020figure.ReadmoreSource(s):IMFNationaldebtofimportantindustrialandemergingcountriesin2023inrelationtogrossdomesticproduct(GDP)Nationaldebtofselectedcountriesinrelationtogrossdomesticproduct(GDP)2023Nationaldebtinrelationtogrossdomesticproduct(GDP)100%

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200%0%50%250%252.36%300%JapanUnitedStatesFrance122.15%110.64%101.08%UnitedKingdomBrazil84.68%China83.64%82.75%IndiaGermanyRussia64.28%19.66%7Description:Thisstatisticshowsthenationaldebtofimportantindustrialandemergingcountriesin2023inrelationtothegrossdomesticproduct(GDP).In2023,thenationaldebtofChinawasatabout83.64percentofthegrossdomesticproduct.

ReadmoreNote(s):WorldwideSource(s):IMFGrossgovernmentdebtasashareofGDPinemergingeconomiesfrom2001to2024GrossgovernmentdebtasashareofGDPinemergingeconomies2001-2024ChinaIndiaRussiaEmergingmarketanddevelopingeconomies*BrazilSouthAfrica100%90%80%70%60%50%40%30%20%10%0%8Description:In2024,thegrossgovernmentdebtofChinaamountedtoanestimated89percentofthecountry'sgrossdomesticproduct(GDP),comparedto21percentforRussia.ForChina,thiswasanincreaseover2001levels,whenthegrossgovernmentdebtamountedto25percentofthecountry'sGDP.Russia,ontheotherhand,hasreducedthisfigurefrom2001levels,whengrossgovernmentdebtwas44percentofthecountry'sGDP.

ReadmoreNote(s):Worldwide;2001to2024;*IncludesAfghanistan,Albania,Algeria,Angola,AntiguaandBarbuda,Argentina,Armenia,Azerbaijan,Bahamas,The,Bahrain,Bangladesh,Barbados,Belarus,Belize,Benin,Bhutan,Bolivia,Bosniaand[...]

ReadmoreSource(s):IMFCHAPTER

02ExpenditurePublicexpenditureinChinafrom2014to2024(inbillionyuan)PublicexpenditureinChina2014-202430,00028,461.227,462.326,055.224,567.924,567.325,00020,00015,00010,0005,000023,885.822,090.420,308.518,775.517,587.815,178.620142015201620172018201920202021202220232024*10Description:ThisgraphshowspublicexpenditureinChinafrom2014to2024.In2024,totalpublicexpenditureinChinahadamountedtoabout28.5trillionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaAnnualgrowthrateofpublicexpenditureinChinafrom2000to2024AnnualgrowthrateofpublicexpenditureinChina2000-202430%25.7%25%20%15%10%5%23.2%21.9%21.6%20.5%19%19.1%19.1%17.8%16.7%15.6%15.3%13.2%11.8%11.3%8.7%8.3%8.1%7.6%6.3%6.1%5.4%3.6%2.9%0%0%-5%2000

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2024*11Description:ThisgraphshowstheannualgrowthrateofpublicexpenditureinChinafrom2000to2024.In2024,totalpublicexpenditureinChinahadincreasedby3.6percentcomparedtothepreviousyear.

ReadmoreNote(s):China;2000to2024;*Preliminaryfigure.

Figuresforearlieryearshavebeentakenfrompreviouspublications.ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaCentralgovernmentexpenditureinChinafrom2014to2024(inbillionyuan)CentralgovernmentexpenditureinChina2014-20244,5004,0003,5003,0004,0723,821.93,557.13,511.53,509.63,5053,270.82,985.72,740.42,554.22,5002,0001,5001,0005002,257020142015201620172018201920202021202220232024*12Description:ThisgraphshowspublicexpenditureofthecentralgovernmentinChinafrom2014to2024.In2024,publicexpenditureofthecentralgovernmentinChinaamountedtoabout4.1trillionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaLocalgovernmentexpenditureinChinafrom2014to2024(inbillionyuan)LocalgovernmentexpenditureinChina2014-202430,00024,389.225,00020,00015,00010,0005,000023,640.322,498.121,058.321,062.320,374.318,819.617,322.816,035.115,033.612,921.520142015201620172018201920202021202220232024*13Description:ThisgraphshowsthelocalgovernmentexpenditureinChinafrom2014to2024.In2024,localgovernmentexpenditureinChinaamountedtoabout24.4trillionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaBudgetbalanceinrelationtogrossdomesticproduct(GDP)inChinafrom2013to2024withforecastsuntil2029BudgetbalanceinChinainrelationtogrossdomesticproduct(GDP)2013-20290.5%-0.68%-0.84%-1.5%-3.5%-5.5%-7.5%-9.5%-11.5%-2.54%-3.39%

-3.4%-4.28%-6.1%-6.04%-6.94%-7.43%-7.51%-7.56%-7.74%-7.89%-8.07%-8.24%-9.72%202020132014201520162017201820192021202220232024*

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2029*14Description:ThebudgetbalanceinrelationtotheGDPinChinawasforecasttocontinuouslydecreasebetween2024and2029byintotal0.8percentagepoints.Accordingtothisforecast,in2029,thebudgetbalancewillhavedecreasedforthesixthconsecutiveyearto-8.24percent.ReadmoreNote(s):China;2013to2029;*Estimate.Figureshavebeenroundedtoprovideabetterunderstandingofthestatistic.ReadmoreSource(s):IMFPublicspendingratioinChinafrom2012to2024withforecastsuntil2029PublicspendingratioinChina2012-202936.0%35.4%35.43%35.18%34.85%35.0%34.0%33.0%32.0%31.0%30.0%29.0%28.0%27.0%34.51%34.15%34.13%33.86%33.48%33.28%33.17%32.69%32.63%32.32%31.55%28.89%201428.56%201328.16%2012201520162017201820192020202120222023

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2029*15Description:TheratioofgovernmentexpendituretoGDPinChinawasforecasttocontinuouslyincreasebetween2024and2029byintotal1.6percentagepoints.Afterthesixthconsecutiveincreasingyear,theratioisestimatedtoreach35.43percentandthereforeanewpeakin2029.ReadmoreNote(s):China;2012to2029;*Estimate.Valueshavebeenrounded.ReadmoreSource(s):IMFCHAPTER

03BudgetitemsPublicexpenditureinChinain2023,bytype(inbillionyuan)PublicexpenditureinChina2023,bytypeExpenditureinbillionyuan05001,0001,5002,0002,5003,0003,5004,0004,500EducationSocialsecurityandemploymentAgriculture,forestryandwaterconservancyHealthcare4,124.833,988.172,398.992,239.62,124.252,053.58GeneralpublicservicesUrbanandruralcommunityaffairsNationaldefense1,580.511,487.011,222.211,183.281,088.58PublicsecurityTransportationInterestpaymentsondebtsScienceandtechnologyResourceexplorationandindustrialinformationHousingsecurity824.59821.3617Description:In2023,publicspendingoneducationamountedtoaround4.1trillionyuan,makingitthelargestitemintheChinesegovernmentbudget.TotalgovernmentexpenditureinChinareached27.46trillionyuanthatyear.ReadmoreNote(s):China;2023Source(s):MinistryofFinanceofthePeople'sRepublicofChina;NationalBureauofStatisticsofChinaPublicexpenditureoneducationinChinafrom2014to2024(inbillionyuan)PublicexpenditureoneducationinChina2014-20244,5004,0003,5004,207.64,124.83,944.83,746.93,6363,479.73,216.93,015.33,0002,5002,0001,5001,0005002,807.32,627.22,304.2020142015201620172018201920202021202220232024*18Description:In2024,publicspendingoneducationinChinareached4.2trillionyuan.Educationexpenditureincreasedcontinuouslyoverrecentyears,butgrowthratesareconsiderablylowerthantenyearsago.

ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaPublicexpenditureonsocialsecurityandemploymentinChinafrom2014to2024(inbillionyuan)PublicexpenditureonsocialsecurityandemploymentinChina2014-20244,5004,0003,5003,0004,211.43,988.23,660.93,378.83,256.92,937.92,701.22,461.22,5002,0001,5001,0005002,159.21,901.91,596.9020142015201620172018201920202021202220232024*19Description:ThisgraphshowspublicexpenditureonsocialsecurityandemploymentinChinafrom2014to2024.In2024,totalpublicexpenditureonsocialsecurityandemploymentinChinaamountedtoaround4.2trillionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaPublicexpenditureonagriculture,forestryandwaterresourceprojectsinChinafrom2014to2024(inbillionyuan)Expenditureonagriculture,forestryandwaterresourceprojectsChina2014-20243,0002,5002,704.52,394.82,3992,286.32,2502,203.52,108.61,908.92,0001,5001,0005001,858.71,7381,417.4020142015201620172018201920202021202220232024*20/statistics/455540/china-expenditure-on-agriculture-forestry-and-water-resource-projectsThisgraphshowspublicexpenditureonagriculture,forestryandwaterresourceprojectsinChinafrom2014to2024.In2024,publicexpenditureonagriculture,forestryandwaterresourceprojectsinChinaamountedtoaround2.7trillionyuan.

ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaPublicexpenditureonhealthcareandhygieneinChinafrom2014to2024(inbillionyuan)PublicexpenditureonhealthcareandhygieneinChina2014-20242,5002,253.72,239.62,034.81,921.61,914.32,0001,666.51,562.41,445.11,5001,00050001,315.91,195.31,017.720142015201620172018201920202021202220232024*21Description:ThisgraphshowspublicexpenditureonhealthcareandhygieneinChinafrom2014to2024.In2024,totalpublicexpenditureonhealthcareandhygieneinChinaamountedtoabout2.03trillionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaPublicexpenditureontransportinfrastructureinChinafrom2014to2024(inbillionyuan)PublicexpenditureontransportinfrastructureinChina2014-20241,4001,235.61,219.81,222.21,204.41,207.61,181.81,2001,142.11,128.31,067.41,049.91,0401,000800600400200020142015201620172018201920202021202220232024*22Description:ThisgraphshowspublicexpenditureontransportinfrastructureinChinafrom2014to2024.In2024,totalpublicexpenditureontransportinfrastructureinChinaamountedtoabout1.21trillionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaPublicexpenditureonscienceandtechnologyinChinafrom2014to2024(inbillionyuan)PublicexpenditureonscienceandtechnologyinChina2014-20241,4001,2001,0001,150.51,088.61,003.2967947.1901.8832.78006004002000726.7656.4586.3531.520142015201620172018201920202021202220232024*23Description:ThisgraphshowspublicexpenditureonscienceandtechnologyinChinafrom2014to2024.In2024,totalpublicexpenditureonscienceandtechnologyinChinaamountedtoabout1.15trillionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaPublicexpenditureonculture,tourism,sportsandmediainChinafrom2014to2024(inbillionyuan)Publicexpenditureonculture,tourism,sportsandmediainChina2014-2024450424.6408.6398.5396.5391.3386.5400353.8339.235030025020015010050316.3307.7269.1020142015201620172018201920202021202220232024*24Description:Thisgraphshowspublicexpenditureonculture,tourism,sportsandmediainChinafrom2014to2024.In2024,totalpublicexpenditureonculture,tourism,sportsandmediainChinaamountedtoabout386.5billionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaPublicexpenditureonenergyconservationandenvironmentalprotectioninChinafrom2014to2024(inbillionyuan)PublicexpenditureonenvironmentalprotectioninChina2014-20248007397006005004003002001000629.8633.3561.7563.7552.5548.9541.3480.3473.5381.620142015201620172018201920202021202220232024*25Description:ThisgraphshowspublicexpenditureonenergyconservationandenvironmentalprotectioninChinafrom2014to2024.In2024,totalpublicexpenditureonenergyconservationandenvironmentalprotectioninChinaamountedtoaround548.9billionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaEstimatedexpenditureonthemilitaryinChinaincurrentpricesfrom1990to2023(inbillionU.S.dollars)MilitaryexpenditureinChinafrom1990to2023350300250200150100291.96257.97232.53198.54182.11145.13105.5278.8451.4537.950030.2822.2417.0314.2812.249.939.8726Description:In2023,China'stotalmilitaryspendingwasestimatedataround296.44billionU.S.dollars.Thiswassignificantlyhigherthanthecountry'sofficialdefensebudget,whichreached1,475billionyuanor229billionU.S.dollarsin2022.ReadmoreNote(s):China;1990to2023Source(s):SIPRIEstimatedtotalexpenditureonthemilitaryinChinaasashareofGDPfrom1990to2023MilitaryexpenditureinChinaasshareofGDPfrom1990to20232.5%

2.45%

2.45%2.3%2.1%2.06%1.94%1.87%1.9%1.7%1.5%1.84%1.77%1.76%1.74%1.73%1.72%1.7%1.69%1.67%1.66%1.65%1.62%27Description:In2023,China'stotalexpenditureonmilitaryserviceswasestimatedat1.67percentofthenationalgrossdomesticproduct(GDP).Thiswasequivalenttoatotalspendingonthemilitaryofaround296billionU.S.dollars.Totalspendingonthemilitarywasestimatedtobesignificantlyhigherthantheofficialnationaldefensebudget,whichwasvaluedat229billionU.S.dollarsor1.3percentoftheGDPin2022.ReadmoreNote(s):China;1990to2023Source(s):SIPRICHAPTER

04RevenueGovernmentrevenueinChinafrom2014to2024(inbillionyuan)GovernmentrevenueinChina2014-202425,00021,970.221,679.520,255.520,364.920,00015,00010,0005,000019,03918,33618,291.417,259.315,960.515,226.914,03720142015201620172018201920202021202220232024*29Description:ThisgraphshowsthegovernmentrevenueinChinafrom2014to2024.In2024,overallgovernmentrevenueinChinahadamountedtoaround22trillionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Figuresforearlieryearshavebeen[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaAnnualgrowthrateofgovernmentrevenueinChinafrom2000to2024AnnualgrowthofgovernmentrevenueinChina2000-202435%30%25%20%15%10%5%32.4%25%22.3%22.5%21.6%21.3%19.9%19.5%17%15.4%14.9%12.9%11.7%10.7%10.2%8.6%7.4%6.5%6.2%5.8%4.5%3.8%1.3%0.5%0%-3.9%-5%-10%2000

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2024*30Description:ThisgraphshowstheannualgrowthrateofgovernmentrevenueinChinafrom2000to2024.In2024,totalpublicrevenueinChinaincreasedby1.3percentcomparedtothepreviousyear.

ReadmoreNote(s):China;2000to2024;*Preliminaryfigure.

Figuresforearlieryearshavebeentakenfrompreviouspublications.ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaMonthlygovernmentfinancerevenueinChinafromDecember2022toDecember2024(inbillionyuan)GovernmentfinancerevenueinChinabymonth20245,0004,5004,0003,5003,0002,5002,0001,5001,000500031Description:ThisgraphshowsthegovernmentfinancerevenueinChinafromDecember2022toDecember2024.InDecember2024,thepublicfinancerevenueinChinaamountedtoapproximately2.07trillionyuan.

ReadmoreNote(s):China;December2022toDecember2024;*Accordingtothesource,figuresforJanuaryandFebruaryhavebeengroupedtogethertocurbtheinfluenceoftheChineseNewYearonthestatistic.ChineseNewYearfallsbetweenJanuary21[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaGovernmentrevenueinChinafrom2014to2024,bycentralandlocallevel(inbillionyuan)GovernmentrevenueinChina2014-2024,bycentralandlocallevelCentralgovernmentLocalgovernments25,00020,00015,00010,0005,000020142015201620172018201920202021202220232024*32Description:In2024,localgovernmentsgeneratedmorethanhalfoftotalgovernmentrevenueinChina,reachingaround11.9trillionyuan.Totalgovernmentrevenueamountedtoaround21.97trillionyuanthatyear.

ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Figureshavebeenroundedtoprovidebetterunderstandingofthestatistic.Revisedfiguresforearlieryears[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaGovernmentrevenueinChinafrom2014to2024,bytaxandnon-tax(inbillionyuan)GovernmentrevenueinChina2014-2024,bytaxandnon-taxTaxrevenueNon-taxrevenue25,00020,00015,00010,0005,000020142015201620172018201920202021202220232024*33Description:In2024,taxrevenuesgeneratedbyfarthelargestpartoftotalgovernmentrevenueinChina,reachingaround17.5trillionyuan.Totalgovernmentrevenueamountedtoaround21.97trillionyuanthatyear.

ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Valueshavebeenrounded.RevisedfiguresforearlieryearshavebeentakenfromChinaStatisticalYearbook,[...]

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaCHAPTER

05TaxrevenueTaxrevenueinChinafrom2014to2024(inbillionyuan)TaxrevenueinChina2014-202420,00018,113.617,497.218,00016,00014,00012,00010,0008,0006,0004,0002,000017,273.616,66215,80015,640.315,431.214,43713,036.112,492.211,917.520142015201620172018201920202021202220232024*35Description:ThestatisticshowsthetaxrevenueinChinafrom2014to2024.In2024,China'staxrevenueamountedtoapproximately17.5trillionyuan.ReadmoreNote(s):China;2014to2024;*Preliminaryfigure.

Oneyuanequalsapproximately0.14U.S.dollarsand0.13euros(asofJanuary2025).Valueshavebeenrounded.

ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaAnnualgrowthrateoftaxrevenueinChinafrom2000to2024AnnualgrowthrateoftaxrevenueinChina2000-202435%31.1%30%25%23%

22.6%21.6%20.7%20.9%19.1%18.9%20%

17.8%15%15.3%13.5%12.1%11.9%10.7%9.8%9.9%8.7%8.3%10%7.8%4.8%4.4%5%1%0%-2.3%-3.5%-3.4%-5%-10%2000

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2024*36Description:ThisgraphshowstheannualgrowthrateoftaxrevenueinChinafrom2000to2024.In2024,thetaxrevenueinChinadecreasedby3.4percentcomparedtothepreviousyear.

ReadmoreNote(s):China;2000to2024;*Preliminaryfigure.

Figuresforearlieryearshavebeentakenfrompreviouspublications.ReadmoreSource(s):MinistryofFinanceofthePeople'sRepublicofChinaTaxrevenueshareofgrossdomesticproduct(GDP)inChinafrom2010to2022TaxrevenueshareofGDPinChina2010-202212%10.31%10.26%10.21%9.91%9.68%10%8%6%4%2%0%9.38%9.42%9.12%9.05%8.49%8.09%7.97%7.7%201020112012201320142015201620172018201920202021202237Description:Thegraphshowsthetaxrevenueshareinthegrossdomesticproduct(GDP)inChinafrom2010to2022.In2022,taxrevenuesamountedtoabout7.7percentofGDP.

ReadmoreNote(s):China;2010to2022Source(s):WorldBankTaxrevenuesinChinain2023,byregion(inbillionyuan)TaxrevenuesinChina2023,byregionPublicrevenueinbillionyuan02004006008001,0001,200GuangdongJiangsuZhejiangShanghaiBeijingShandongSichuanHenan1,024.48797.7712.46710.91535.71522.97370.09285.55269.39ShaanxiHubeiAnhuiHebeiShanxi267.32259.31257.81255.7138Description:ThestatisticshowstaxrevenuesinChinain2023,byregion.In2023,taxrevenuesinGuangdongprovinceamountedtoaroundonetrillionyuan.ReadmoreNote(s):China;2023Source(s):MinistryofFinanceofthePeople'sRepublicofChina;NationalBureauofStatisticsofChinaAnnualtaxrevenueinChinain2024,bytypeoftax(inbillionyuan)AnnualtaxrevenueinChina2024,bytypeTaxrevenueinbillionyuan01,0002,0003,0004,0005,0006,0007,0008,000Domesticvalue-addedtaxCorporateincometaxVATandconsumptiontaxonimportproductsDomesticexcisetax6,667.24,088.71,917.71,653.21,452.2PersonalincometaxDeedtax517CitymaintenanceandconstructiontaxLandappreciationtaxHousepropertytax502.6486.9470.5Stamptax342.7ResourcetaxTariffsVehiclepurchasetax296.4244.324339Description:In2024,domesticvalue-addedtax(VAT)wasresponsibleforthelargestamountoftaxrevenueinChinageneratingaround6.7trillionyuan.China'stotaltaxincomeamountedtoapproximately17.5trillionyuanthatyear.ReadmoreNote(s):China;2024Source(s):MinistryofFinanceofthePeople'sRepublicofChinaDomesticvalue-addedtax(VAT)reve