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  “China’s finance is at an important historical juncture.

On the one hand, China is at a critical moment to win the three tough battles and build a moderately prosperous society in an all-round way, and the dawn of victory is already on the horizon; on the other hand, at the beginning of 2020, a new coronavirus pneumonia epidemic swept the world Suddenly, economic and social operations have suffered a major impact, and we need to implement a more proactive fiscal policy. The historical boulder is about to reach the top of the mountain, but the huge external impact poses a huge obstacle. The times have raised a big question for fiscal policy: whether it can join forces with other policies to push the boulder to the top of the mountain.

  Objectively speaking, following the implementation of large-scale tax and fee reduction reforms of 1.3 trillion yuan in 2018 and 2.3 trillion yuan in 2019, China's fiscal space has been greatly tightened. The situation is compelling. In 2020, the fiscal year must use greater creativity within the narrower maneuver space to reduce the impact of the epidemic and achieve the great strategic goal of building a moderately prosperous society in all respects.

  Finance is the ledger of the people across the country and the vane of economic operation. Fiscal actions and the extent of the government's role depend on the understanding of this account. This report comprehensively displays and analyzes China's overall fiscal performance in 2019, and on this basis makes judgments on fiscal policies and fiscal reforms in 2020.

  Historical experience tells us that when facing major economic and social challenges, finance has two roles and outcomes: one is to constantly act as a firefighting captain, with fiscal funds and policies changing from time to time, which makes the fiscal situation worse. ; The second is to turn crises into opportunities. Finance will be more proactive in policy implementation and system reform. In the end, it will overcome challenges and make the fiscal system better. This was true for the reform of the "Two Tax Laws" and the reform of the tax-sharing system in the mid-1990s in history, and they delivered an excellent answer. We expect that today’s finance will demonstrate to the future the ability to turn crises into opportunities, the actions to reverse the situation, and the pillars for the rise of the Chinese nation!

  While China’s finance is being created by history, it is also creating history. ”

————Lu Bingyang, 2020, "China's Fiscal Operation Report (2019/2020): Rolling Stone Up the Mountain", Renmin University of China Press

 Authorized by Professor Lv Bingyang of Renmin University of China, CnOpenData has established a display area and data index for China’s fiscal operation data to facilitate scholars’ browsing.

 For data download and more information about this data, please jump to China’s fiscal operation data, or download the data directly at the end of this page.


Data content

Financial operation data of various regions in China 2019/2020

Index Data Source
Fiscal revenue soundness index General public budget revenue 2008-2019 "China Statistical Yearbook"
Fiscal revenue soundness index Tax revenue ratio 2008-2019 "China Statistical Yearbook"
Fiscal revenue soundness index High tax ratio 2008-2019 "China Statistical Yearbook"
Fiscal revenue soundness index Land transfer fee dependence Provincial final accounts reports or budget implementation reports for each province over the years
Fiscal Expenditure Optimization Index General public budget expenditure 2008-2019 "China Statistical Yearbook"
Fiscal Expenditure Optimization Index Total population at the end of the year 2008-2019 "China Statistical Yearbook"
Fiscal Expenditure Optimization Index Education expenditure 2008-2019 "China Statistical Yearbook"
Fiscal Expenditure Optimization Index Medical expenses 2008-2019 "China Statistical Yearbook"
Fiscal Expenditure Optimization Index Employment and social security expenditures 2008-2019 "China Statistical Yearbook"
Fiscal Expenditure Optimization Index Technology Spending 2008-2019 "China Statistical Yearbook"
Fiscal Expenditure Optimization Index Energy saving and environmental protection expenditure 2008-2019 "China Statistical Yearbook"
Fiscal Expenditure Optimization Index General public service expenditures 2008-2019 "China Statistical Yearbook"
Fiscal Expenditure Optimization Index "National budget funds" among the sources of fixed asset investment funds 2008-2019 "China Statistical Yearbook"
Debt Sustainability Index Local government bond balance Ministry of Finance
Debt Sustainability Index Interest-bearing debt balance of local urban investment companies wind
Debt Sustainability Index GDP "China Statistical Yearbook"
Social Insurance Fund Sustainability Index Number of retirees participating in pension insurance 2008-2019 "China Statistical Yearbook"
Social Insurance Fund Sustainability Index Number of active employees 2008-2019 "China Statistical Yearbook"
Social Insurance Fund Sustainability Index Urban Employees Basic Pension Insurance Fund Income 2008-2019 "China Statistical Yearbook"
Social Insurance Fund Sustainability Index Urban employee basic pension insurance fund expenditure 2008-2019 "China Statistical Yearbook"
Social Insurance Fund Sustainability Index Urban Employees Basic Medical Insurance Fund Income 2008-2019 "China Statistical Yearbook"
Social Insurance Fund Sustainability Index Urban employee basic medical insurance fund expenditure 2008-2019 "China Statistical Yearbook"
Basic Public Service Index Number of primary school teachers 2009-2020 "China Statistical Yearbook"
Basic Public Service Index Number of primary school students 2009-2020 "China Statistical Yearbook"
Basic Public Service Index Number of junior high school teachers 2009-2020 "China Statistical Yearbook"
Basic Public Service Index Number of junior high school students 2009-2020 "China Statistical Yearbook"
Basic Public Service Index Health technicians per 1,000 population 2009-2020 "China Statistical Yearbook"
Basic Public Service Index Number of beds per 1,000 population 2013-2020 "China Statistical Yearbook"
Basic Public Service Index Number of beds in medical institutions 2009-2012 Local Statistical Yearbook
Basic Public Service Index Total population 2009-2020 "China Statistical Yearbook"
Basic Public Service Index Per capita library collection 2012-2020 "China Statistical Yearbook"
Basic Public Service Index Library collection 2009-2011 "China Statistical Yearbook"
Basic Public Service Index Actual road area at the end of the year 2009-2020 "China Statistical Yearbook"
Basic Public Service Index Administrative area land area 2009-2020 "China Statistical Yearbook"
Basic Public Service Index Number of beds in civil affairs institutions 2009-2020 "China Statistical Yearbook"
Provincial equalization index General public budget revenue of prefecture-level cities CEIC database
Provincial equalization index General public budget expenditures of prefecture-level cities CEIC database
Provincial equalization index Gross regional product of prefecture-level cities CEIC database
Provincial equalization index Year-end registered population of prefecture-level cities 2009-2019 "China Urban Statistical Yearbook"
Provincial equalization index Number of full-time teachers in ordinary middle schools in prefecture-level cities 2009-2019 "China Urban Statistical Yearbook"
Provincial equalization index Number of full-time teachers in ordinary primary schools in prefecture-level cities 2009-2019 "China Urban Statistical Yearbook"
Provincial equalization index Number of students in ordinary middle schools in prefecture-level cities 2009-2019 "China Urban Statistical Yearbook"
Provincial equalization index Number of students in ordinary primary schools in prefecture-level cities 2009-2019 "China Urban Statistical Yearbook"
Provincial equalization index Book collection of prefecture-level city public libraries 2009-2019 "China Urban Statistical Yearbook"
Provincial equalization index Number of doctors in prefecture-level cities 2009-2019 "China Urban Statistical Yearbook"
Provincial equalization index Number of hospital beds in prefecture-level cities 2009-2019 "China Urban Statistical Yearbook"
Provincial equalization index The actual urban road area in prefecture-level cities at the end of the year 2009-2019 "China Urban Statistical Yearbook"

References

  • Lu Bingyang et al., 2020, "China's Fiscal Operation Report (2019/2020): Rolling Stone Up the Mountain", Renmin University of China Press

Data update frequency

Not updated

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