China

GDP (Nominal)

Population

Beijing

Capital

CNY

Currency

Member Organizations

G20UNOECDWTOIMFWorld BankAPECBRICS

Government Revenue

Fiscal Year 2024

Government revenue breakdown by source

China Government Spending

Fiscal Year 2024

Government spending breakdown by category

Revenue SourcesShows the main sources of government income, helping to understand how the country funds its public services.

增值税 (VAT)7350.00B CNY

企业所得税 (Corporate Income Tax)4500.00B CNY

个人所得税 (Individual Income Tax)1750.00B CNY

资源税 (Resource Tax)300.00B CNY

关税 (Customs Duties)400.00B CNY

其他收入 (Other Non-Tax Revenues)2000.00B CNY

总收入16350.00B CNY

Spending AllocationShows how government funds are distributed across different sectors, revealing national priorities and commitments.

教育支出 (Education)3800.00B CNY

社会保障与就业支出 (Social Security and Employment)6000.00B CNY

医疗卫生支出 (Health)2500.00B CNY

国防支出 (Defense)1570.00B CNY

一般公共服务支出 (General Public Services)1200.00B CNY

还本付息支出 (Debt Service)1600.00B CNY

其他支出 (Other Expenditure)2100.00B CNY

总支出18770.00B CNY

ControversiesFiscal controversies highlight political, social, or economic challenges that can affect a country's stability and future policy direction.

Recent VAT rate reductions for small businesses have raised concerns over narrowing the tax base without compensatory revenue measures. Pilots of property taxes in select cities have faced local resistance and calls for clearer central guidelines on wealth taxation.

Spending EfficiencyMeasures how well public funds are used to achieve desired outcomes. High efficiency means more value for taxpayers and better services.

China’s rapid infrastructure build-out demonstrates strong execution capacity, yet IMF reviews point to inefficiencies in overlapping local government projects and overinvestment in unprofitable state-owned enterprises. Greater transparency in budget reporting could improve resource allocation.

Debt to GDPShows the size of a country's government debt compared to its economy. High ratios may signal fiscal risk, while lower ratios suggest more sustainable finances.

Debt to GDP:70%

Government Debt:$12,456,360,000,000 USD

Tax Burden Per Capita (beta)Tax Burden Level:
Green (Low): Less than $10,000 per capitaOrange (Moderate): $10,000 - $20,000 per capitaRed (High): $20,000 - $30,000 per capitaPurple (Very High): Over $30,000 per capita

$2,840 USD20,645 CNYLevel: Low