I. Main Contents and Sources of Data
The data in this chapter present the government revenue and expenditure situation, including three categories of revenue and expenditures: state general public budget revenue and expenditure, government funds, and operation of state-owned assets. The data are based on final State financial accounts from the Ministry of Finance.
1.State General Public Budget Revenue and Expenditure
The State General Public Budget Revenue and Expenditure refers to the revenues and expenditures mainly in a form of taxes collected by the government as the administration of the society using its State political power for the purposes of assuring and improving the people’s life, maintaining the regular operation of the government, and defending the national security.
The final State accounts of general public budget revenue and expenditure are composed of the final accounts at the level of Central Government and the total final accounts at the level of local governments. The total final accounts at the provincial (autonomous region, municipality) level are composed of the final accounts at the provincial level and the total final accounts at the level of governments of prefectures and counties (cities). The total final accounts at the level of local governments are composed of the final accounts of the governments of provinces, autonomous regions and municipalities.
The final accounts at the central level, at the provincial level and at the county (city) level are respectively composed of the final accounts of the administrative and institutional units, the final financial accounts of enterprises, the final financial accounts of capital construction, the annual reports on treasury and the annual reports on tax revenue, pooled together by the responsible departments at the same level.
In order to ensure the consistency in the coverage of the final accounts, the Ministry of Finance works out and issues the forms for the final account for the provinces, autonomous regions and municipalities directly under the Central Government and the forms for the final accounts for the departments at the central level. The financial departments at various levels and the Central Government departments would also work out and issue the forms for the final accounts in the light of the specific departmental conditions to the departments or units at the lower level. The forms for the final accounts are designed in accordance with the composition of the State final account and are composed of the forms for the total final accounts suitable for the financial departments of different levels and the forms for the unit final accounts suitable for the budgetary agencies of the responsible departments or units. The data for the final accounts are filled out in accordance with the data in the account books of the total budget or unit budget.
Data on general public budget revenue and expenditure are compiled on the basis of information from the total final accounts table of revenue and expenditure, the subsidiary table of the final accounts of revenue, and the subsidiary table of the final accounts of expenditure.
2. Revenue and Expenditure of Government Funds
The revenue and expenditure of government funds refers to the revenues made by the government through collecting funds and fees, transferring land, issuance of lottery, etc and to the expenditures for specific projects on infrastructure facilities and social undertakings.
3. Revenue and Expenditure from Operation of State-Owned Assets
The revenue and expenditure from operation of state-owned assets refers to the revenues received by the government as the owner of the assets, and to the expenditures as a result of distribution of the revenues.
II. Change of Statistical Scope and Data Adjustment
Compared with the previous years, the classifications of revenue and expenditure accounts have been adjusted largely in 2007. Therefore, the data on the state revenue and expenditure and the data on general public budget revenue and expenditure after 2007 are not comparable with the data of earlier years. Starting from 2011, the extra-budgetary funds is included in the budgetary management and thus is not listed separately.