Ministry of Finance's Budget Expenditure Exceeds 30 Trillion Yuan for the First Time
At a press conference held by the State Council Information Office, Liao Min, Vice Minister of Finance, announced that this year's budget expenditure has exceeded 30 trillion yuan for the first time. The scale of new government bonds has reached 11.89 trillion yuan, the largest in history. Central government transfers to local governments have exceeded 10 trillion yuan for the fourth consecutive year, reaching 10.42 trillion yuan. In the second half of the year, fiscal policy will continue to focus on accelerating fund utilization, expanding domestic demand, and strengthening fiscal reform management. The Ministry of Finance will plan and implement practical incremental policies in a timely manner based on the macroeconomic situation to support effective qualitative improvement and reasonable quantitative growth of the economy.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Milk Bar Network Opens First Establishment in Lviv

PrivatBank Launches 'Limit Control' Widget in Privat24 for Business

SEC Proposes to Modernize Agent Rules to Include Cryptocurrencies

Amazon Plans to Issue Its First Pound Bond for Fundraising

FDJ United Faces Tax Increase to 42.5%

Drone Attacks 'We Are Ukraine' Channel Building, Five Injured

Six Companies Passed Defense Ministry Tests for Purchasing Drones with Machine Vision

Motorcycle Sales in Ukraine Decreased by 15.5% in August 2026

Xiaomi Launches First AI Desktop Application MiMo Desktop

Samsung Display Raises OLED Supply Targets for Apple's Foldable Phones and iPads Next Year

Xpeng's Robot Production Line Launched, First Advanced Humanoid Robot Rolls Off the Line

Licheng, King Yuan Electronics, and Silergy Report Revenue Growth in August, Licheng's Panel-Level Packaging Capacity Fully Booked

Robinhood Joins as Underwriter for Oura IPO

BitcoinHabebe Reveals SAAR's First Token Burn and Market Dynamics

Antarctic Completes $7 Million Financing Round with Participation from Valisa Capital Markets

Kazakhstan's Deputy Prime Minister Meets Zhao Changpeng, Signs Two Cooperation Memoranda

El Salvador Plans to Expand Its Bitcoin Reserve Between 2026 and 2027

Sunflower Prices Fall Below Rapeseed on the Ukrainian Market

BLG Has a 77% Chance of Defeating AL in LPL Playoffs

Huawei Launches Mate XT 2 with Kirin 9050 Pro Chip

Experts Raise Likelihood of Delay in Virtual Asset Taxation to 60-70%

Ukrainian Companies' Tax Debt Reaches 263.32 Billion UAH

Nubia NaviX Ultra Set to Launch on September 16

TSMC and Others Drive Semiconductor Engineering Firms' Orders Over 880 Billion Yuan

NIP's Probability of Defeating LGD Reported at 65%

Bitcoin Short-Term Holder SOPR Indicator Breaks 1, Positive Market Signal

Morgan Stanley Reaffirms Microsoft Buy Rating, Adjusts Business Structure

Citigroup Issues Tokenized Structured Notes, Brazilian Bank Invests $5 Million

Para Discusses Wallet Permission Management for AI Agents






