National general public budget revenue and expenditure; trillion yuan, 2025 prelim.
China’s national general public budget revenue was 21.6045 trillion yuan in 2025. General public budget expenditure reached 28.7395 trillion yuan. Expenditure exceeded revenue by 7.1350 trillion yuan, equal to 33.0% of revenue. Tax revenue accounted for 81.6% of budget revenue, while 2.8557 trillion yuan of tax and fee relief supported science, technology and manufacturing policies.
| Rank | Entry | Value | Period |
|---|---|---|---|
| 1 | Budget expenditure | 28.740T | 2025 |
| 2 | Budget revenue | 21.605T | 2025 |
Publisher: National Bureau of Statistics of China
Dataset/table: National General Public Budget Revenue and Expenditure, 2025
Units: billion yuan
Date checked: 2026-07-18
Evidence: Supports China’s 2025 general public budget revenue, expenditure, tax revenue and policy-related tax and fee relief.
The revenue value is an executive-account figure. Tax revenue must not be added to total revenue, and policy relief is not a third budget flow.
Budget revenue and expenditure are compared as the two national flows. Tax revenue remains a subset of revenue, and policy relief remains a separate support measure.
The main flows and support measures use one official release, the 2025 period and the same billion-yuan basis.
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