Page 8 - REPORT ON THE EXECUTION OF THE CENTRAL AND LOCAL BUDGETS FOR 2016 AND ON THE DRAFT CENTRAL AND LOCAL BUDGETS FOR 2017

Figure 1
Revenue and Expenditures in the 2016
Central Government General Public Budget

Trillions of yuan
单位：亿元
100000
10
10

补充中央预算
90000 9 Contribution

稳定调节基金 to the Central
中央财政赤字 Budget Stabilization Fund
782.02亿元
14000亿元
80000 8 Central government (0.078202)
deficit (1.4) 1

70000 7 Contribution from the
从中央预算稳
Central Budget

定调节基金调入
Revenue in the central

Stabilization Fund (0.1) 对地方税收返还
60000 6 and from the budgets general
1000亿元以及从
government’s
for central public budget Tax rebates and
和转移支付
中央政府性基金
transfer payments
59486.35亿元
(7.235731)
50000 5 government-managed 8.767237 to local governments
预算、中央国有
87672.37
funds and
8.767237

(5.948635)
资本经营预算调
40000 73672.37 central government 亿元
入315.06亿元
4
state capital operations

亿元
3 7.367237 (0.031506)
中央一般
30000 Revenue in the central
公共预算收入
government’s general
20000 2 public budget
72357.31亿元
10000 1 (7.235731) 中央本级支出
Central government
27404亿元

expenditures (2.7404)

0 0
Total revenue Total expenditures
收入方 支出方
Revenue into central government-managed funds reached 417.808 billion yuan,

representing 97.8 percent of the budgeted figure and an increase of 2.6 percent.
Adding in the 24.984 billion yuan carried forward from 2015 and the 759 million yuan
turned over by local governments, this revenue totaled 443.551 billion yuan.
Expenditures from central government-managed funds totaled 399.998 billion yuan,
representing 88.5 percent of the budgeted figure and a 6.8 percent decrease. This
figure breaks down as central government expenditures of 288.986 billion yuan and
transfer payments to local governments totaling 111.012 billion yuan. Revenue into
central government-managed funds exceeded expenditures by 43.553 billion yuan. Of
this figure, 29.85 billion yuan was carried forward to 2017; 11.072 billion yuan from
carryover funds of individual government-managed funds, which exceeded 30 percent
of the revenue of their respective funds in 2016, was contributed to the Central
Budget Stabilization Fund in accordance with regulations; and 2.631 billion yuan
represented surplus funds from the three items to be transferred from
government-managed fund budgets into the general public budget in 2017.
Revenue into funds managed by local governments reached 4.244054 trillion yuan,
an increase of 12.9 percent, of which proceeds from selling state-owned land-use
rights accounted for 3.745663 trillion yuan. Adding in the 111.012 billion yuan in
transfer payments from central government-managed funds and the 400 billion yuan
raised by local governments through the issuance of special bonds, this revenue
totaled 4.755066 trillion yuan. Expenditures through local government-managed funds
totaled 4.396166 trillion yuan, up 13 percent, which includes 3.840584 trillion yuan in
7