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China's general public budget revenue tops 21 trln yuan in 2023-Xinhua

China's general public budget revenue tops 21 trln yuan in 2023-Xinhua
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Wang Dongwei , Vice Minister , Finance Wang Dongwei ,

Chinas Annual Sci-tech Expenditure Up 6.4 Pct In Past 6 Years

Chinas fiscal expenditure on science and technology development has increased by 6.4 percent annually on average over the past six years, according to the Ministry of Finance. From 2018 to 2023, the countrys sci-tech expenditure has grown from 832.7 billion yuan (about 117.2 billion U.S. dollars .. ....

Wang Dongwei , Pakistan Point News , Vice Minister , Finance Wang Dongwei ,

China Market Update: Alibaba Spin-Off As PBOC Steps Up Real Estate Support

Asian equities were mixed overnight, as Hong Kong posted a gain, South Korea outperformed the region, Japan was off, and Australia underperformed the region. ....

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Xi stresses development of new productive forces, signaling greater focus on sci-tech innovation

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, has called for efforts to accelerate the development of new productive forces and firmly promote high-quality development, the Xinhua News Agency reported on Thursday, further highlighting China s heightened focus on new growth drivers based on scientific and technological (sci-tech) breakthroughs and innovation.
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Public budget expenditures rise 5.4% in 2023

China’s fiscal expenditures in 2023 hit a record of 27.46 trillion yuan ($3.82 trillion), an increase of 5.4 percent year-on-year, providing strong support for the economic recovery, the Ministry of Finance said on Thursday. ....

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