With the arrival of 2023, China's economy continues to develop steadily, and public budget revenue also shows a strong growth momentum. According to the latest statistics, the national general public budget revenue in 2023 will exceed 21 trillion yuan, a year-on-year increase of 64 per cent, a figure that undoubtedly brings confidence and hope to the people of the country.
First of all, this growth reflects the stable and healthy development of our economy. The increase in budget revenue mainly comes from the increase in tax revenue, which is closely related to China's economic development. In the past year, China has actively promoted supply-side structural reforms, optimized the industrial structure, and improved industrial quality, all of which have provided a solid foundation for tax growth.
Second, this growth also reflects the effectiveness of China's fiscal policy. China has been committed to regulating economic operation, promoting social fairness, and ensuring people's livelihood and well-being through fiscal policies. The increase in budget revenue in 2023 shows that China's fiscal policy has been effectively implemented, and it also provides more space for future fiscal work.
However, we should also note that although the budget revenue has increased, China is still facing some challenges, such as the aging of the population, environmental pollution, etc., which require a large amount of fiscal expenditure. Therefore, how to rationally use these budget revenues will be a question that we need to think about deeply.
In general, the growth of national general public budget revenue in 2023 is a reflection of the stable development of China's economy and the effect of China's fiscal policy. In the future, we need to continue to uphold and develop this good momentum, and at the same time, we must also pay attention to and solve the various challenges we are facing to ensure the healthy and stable development of our country's finances.