China Government SpendingChina Government SpendingChina Government Spending

China Government Spending

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Key data points


Last release
Observation period
2023
Next release
Forecast
Highest
‪20.81 T‬CNY on Dec 31, 2023
Lowest
‪9.33 B‬CNY on Dec 31, 1952

About China Government Spending


Category
Government
Frequency
Annual
Units
CNY
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.