In the first three quarters, national fiscal revenue increased by 5.1% year on year.

Fiscal revenue and expenditure are a "barometer" reflecting economic performance. Data released by the Ministry of Finance on October 23 shows that in the first three quarters of this year, fiscal revenue grew steadily, with nationwide general public budget revenue at approximately 17.23 trillion yuan, up 5.1 percent year on year, an increase 0.4 percentage points higher than in the first half of the year. Of this, nationwide tax revenue in the first three quarters was approximately 14.07 trillion yuan, up 6.1 percent year on year, an increase 0.8 percentage points higher than in the first half. On the expenditure side, nationwide general public budget expenditure in the first three quarters was approximately 21.02 trillion yuan, up 1 percent year on year, with spending related to investment in people well guaranteed.