Budgeted Expenditure in the 2019 Central General Public Budget

Note:

1. For comparison, this table adjusts the actual figure of 2018 according to the items’ adjustments. Firstly, the actual figure of revenue and expenditure items has been adjusted in accordance with the government’s adjustment. Secondly, since local governments should turn over tax revenue to the central government in accordance with the merging of state and local taxes, the actual figure of expenditures spent at the central level and transfer payments made to local governments have been adjusted accordingly. Thirdly, based on the optimization of the system for transfer payments from central to local government and the cleanup and merging of other transfer payments, the actual figures of general transfer payments and special transfer payments have been adjusted accordingly.

2. The figure of expenditures in the 2019 central general public budget reached 11.13 trillion yuan. With the carry-over expenditures of 184.03 billion yuan from the previous fiscal year, the expenditures in the central general public budget totaled 11.31 trillion yuan. For details, refer to the budget sheet and notes of expenditures spent at the central level and transfer payments made to local governments.