The latest data released by the Ministry of Finance on August 19th shows that in the first seven months of this year, the national general public budget revenue was 1.35839 trillion yuan, a year-on-year increase of 0.1%, and it turned positive for the first time this year; The national general public budget expenditure was 1.60737 trillion yuan, a year-on-year increase of 3.4%, and key expenditures were effectively guaranteed. From a monthly perspective, in July, the national general public budget revenue was 2027.3 billion yuan, a year-on-year increase of 2.6%. Among them, the central and local incomes increased by 2.2% and 3.1% respectively, with the highest monthly growth rate since the beginning of this year. The growth rate of tax revenue in July increased by 4 percentage points to 5% compared to the previous month, driving an overall acceleration in the growth of general public budget revenue. ”Feng Lin, Executive Director of the Research and Development Department of Dongfang Jincheng, stated that the acceleration of tax revenue growth is mainly related to factors such as price improvement, strengthening of personal income tax collection and management, and rising stock market; The growth rate of revenue from value-added tax, consumption tax, vehicle purchase tax, non securities transaction stamp duty, real estate related deed tax, and land value-added tax is consistent with the trend of related economic activities. Tax revenue is known as the 'economic barometer'. In the first seven months, the national tax revenue was 1109.33 billion yuan, a decrease of 0.3%, narrowing the decline by 0.9 percentage points compared to the first half of the year. Among them, domestic value-added tax, domestic consumption tax, and personal income tax increased by 3%, 2.1%, and 8.8% respectively, with growth rates 0.2, 0.4, and 0.8 percentage points higher than the first half of the year, respectively; The corporate income tax decreased by 0.4%, narrowing the decline by 1.5 percentage points compared to the first half of the year. The tax performance of industries such as equipment manufacturing and modern services is good. In the first seven months, the tax revenue of equipment manufacturing industries such as railway ships, aerospace equipment, computer communication equipment, and electrical machinery increased by 33%, 10.1%, and 8% respectively. The tax revenue of scientific research and technology services industry increased by 12.7%, and the tax revenue of cultural, sports, and entertainment industry increased by 4.1%. From the expenditure perspective, the national general public budget expenditure has maintained growth, and expenditures in key areas have been well guaranteed. According to data from the Ministry of Finance, in the first seven months, the national general public budget expenditure was 1.60737 trillion yuan, a year-on-year increase of 3.4%. Among them, social security and employment expenditure increased by 9.8%, education expenditure increased by 5.7%, health expenditure increased by 5.3%, science and technology expenditure increased by 3.2%, housing security expenditure increased by 0.2%, energy conservation and environmental protection expenditure increased by 4.3%, and cultural tourism, sports and media expenditure increased by 5.3%. According to data from the Ministry of Finance, in the first seven months, the national government fund budget revenue was 2.3124 trillion yuan, a year-on-year decrease of 0.7%. Among them, the revenue from the transfer of state-owned land use rights in the budget of local government funds was 1.695 trillion yuan, a year-on-year decrease of 4.6%. This decline has been continuously narrowing since the beginning of this year and is significantly lower than the same period last year. Feng Lin stated that the overall land market cooled down in July, but the activity of the land market in first tier and core second tier cities remained high, supporting the continued rapid growth of land transfer revenue. Against the backdrop of continued decline in real estate sales and investment, the pace of land supply and acquisition in core cities has accelerated in stages, mainly due to some real estate companies replenishing their positions in key cities. In addition, financial departments at all levels are accelerating the issuance and utilization of bond funds. In the first seven months, 2.89 trillion yuan was spent on local government special bonds, ultra long term special treasury bond, and central financial institutions' special treasury bond, which were included in the government fund budget, driving the government fund budget spending up 31.7%. (New Society)