Yiwu export agent » Yiwu news
Last Year Yiwu’s Public Budget Expenditure topped USD 1.59 Billion, Most of the money was spent on people’s livelihood.
As the economic situation improved last year, there was a large increase in Yiwu’s fiscal revenue and expenditure, which proved a good budget implementation in the end. The local government’s public budget revenue was USD 1.73 billion the whole year, an increase of 48.3% of that in the previous year, among which, the local fiscal revenue of general budget was RMB 4.27 billion, an increase of 10.7%.
Yiwu government’s public budget expenditure wasUSD 1.59 billion mainly used to some important areas such as people’s livelihood or economic support, among which 0.88 billion was for people’s livelihood, an increase of 28.6% of that of the previous year, and a proportion of 55% of the government’s public budget expenditure. The investment was mainly distributed in the following fields: USD 2199 million for educational expenditure, USD 25.9 million for science and technology, USD 58 million for culture and sports, USD 51.9 million for social security and employment, USD 65.6 million for medical treatment and public health, USD 85.5 million for public security, USD 53.44 million n for environmental conservation, USD 2321 million for urban and rural social affairs, and USD 90 million for agricultural, forestry, and water project. All increased comparatively.