Beijing: China's fiscal revenue rose 0.5% year-on-year to 16.39 trillion yuan (about $2.31 trillion) during the first nine months of 2025.

According to Yemen News Agency, the Xinhua News Agency reported on Saturday, citing data from the Chinese Ministry of Finance, that the central government collected about 7.08 trillion yuan in fiscal revenue, marking a 1.2% decrease compared to the previous year. In contrast, local governments experienced a rise in collections, with revenue reaching 9.3 trillion yuan, reflecting a 1.8% increase year-on-year.

The country's total tax revenue amounted to 13.27 trillion yuan during the first nine months, showing a slight increase of 0.7% year-on-year. Meanwhile, non-tax revenue saw a decrease of 0.4%, totaling 3.12 trillion yuan.

Expenditure on education during this period was approximately 3.16 trillion yuan, representing a 5.4% increase from the previous year. Investment in science and technology also saw an increase, with spending reaching 710.5 billion yuan, up 6.5% year-on-year.

Spending on social security and employment reached 3.49 trillion yuan, marking a 10% year-on-year increase, indicating a heightened focus on supporting these sectors.