Budgetary deficits in these localities are quite large.
这一些地方财政收支矛盾较大。
The extra
budgetary income of film undertaking.
电影事业的预算外收入。
The company's
budgetary constraints limited their ability to invest in new technology.
公司的预算限制限制了他们投资新技术的能力。
Due to
budgetary reasons, the project has been put on hold indefinitely.
由于预算原因，该项目已被无限期搁置。
The government announced
budgetary cuts across several departments to reduce the deficit.
政府宣布对多个部门进行预算削减以减少赤字。
Our department is operating under tight
budgetary controls this fiscal year.
本财政年度，我们部门在严格的预算控制下运作。
The school had to make
budgetary adjustments to accommodate the increase in enrollment.
学校不得不调整预算以适应入学人数的增加。
The
budgetary planning process for next year is already underway.
明年的预算规划过程已经开始。
The non-profit organization relies heavily on donations as its main source of
budgetary income.
这家非营利组织严重依赖捐赠作为其主要的预算收入来源。
The film's production was delayed due to unexpected
budgetary overruns.
电影制作因预算超支而推迟。
Budgetary transparency is crucial for maintaining public trust in government spending.
预算透明度对于维护公众对政府支出的信任至关重要。
The finance team is tasked with finding
budgetary efficiencies without compromising service quality.
财务团队的任务是在不降低服务质量的前提下寻找预算效率。
Compared to the Spring Festival last year, 68 percent of consumers plan to increase their spending for the upcoming extended holiday, 26 percent have no budgetary changes in mind and only 6 percent will tighten their purse strings over the break.
The country's financial departments have helped governments at all levels to tighten their belts through committing to negative growth in their budgetary spending and better securing people's livelihoods, Li said.
Middle-income earners, though they number 380 million earning 2,000-5,000 yuan monthly, are also holding their money tight due to budgetary concerns regarding children's schooling, the possibility of heavy medical bills, real estate and eldercare, which "scare" them from spending too much as well.
The move marks the second batch of central government budgetary investments this year to support pollution treatment, energy saving and carbon reduction.
"Government investment, such as central budgetary investment and local government special-purpose bonds, should be better utilized, to mobilize investment from the private sector, and advance the development of new infrastructure in a well-calibrated and well-paced way," Li said.
The Ministry of Finance disclosed last week that in July, the government's general public budgetary fiscal revenue increased by 11.1 percent from a year earlier, influenced by the rising production inflation.
From January to May, the implementation progress of China's budgetary fiscal expenditure was 37.4 percent, and the available space should be used up in the following months.
However, under the constraint that the growth rate of fiscal budgetary expenditure in the whole year is set at 1.8 percent, and the tightening of supervision on local governments' implicit debt growth, moderate infrastructure investment may be a trend in the long run, Zhang said.
Efforts must be made to ensure the functioning of grassroots bodies, the public's well-being and the payment of wages at the primary level, with appropriate measures to keep up the progress of budgetary investments and the issuance of local government bonds.
The government's planned fiscal budgets and the annual bond quotas－for both local government general budgetary bonds and off-budget special bonds－will be disclosed at the opening of the fourth session of the 13th National People's Congress, which is scheduled for March 5.
Ding Shuang, chief economist for China and North Asia at Standard Chartered financial services company in Hong Kong, said he calculated that China's fiscal stimulus package in 2020 helped lift GDP growth by 2.5 percentage points, and local governments still had unused fiscal budgetary funds of up to 2.5 trillion yuan at the beginning of this year.
Last year, China's broad fiscal deficit, which includes the general budgetary deficit, special anti-COVID-19 treasuries, and local government special bonds, was estimated to be 8.3 percent of GDP.
The government's budgetary revenue peaked in the fourth quarter, with a year-on-year growth rate of 5.5 percent, thanks to the economic recovery and supportive fiscal measures that sustained industrial production, the ministry said.
This year, the central government's budgetary spending on agricultural insurance premium subsidies increased substantially compared with that of 2020, said a senior official with the ministry.
该部一位高级官员表示，今年中央政府在农业保险保费补贴方面的预算支出相较于2020年大幅增加。
Local general public budgetary revenue and the retail sales of consumer goods totaled 330.7 billion yuan and 1.83 trillion yuan respectively.
The government budgetary spending on education amounted to over 3.6 trillion yuan, rose 8.13 percent year on year.
Member countries have their own budgetary and foreign exchange reserve issues, and America is now energy independent," Francisco Blanch, head of commodities and derivatives research at Bank of America Merrill Lynch, told Xinhua News Agency.
Wu pointed out that these enterprises are facing mounting difficulties in the process of digital transformation, such as a lack of innovation and collaboration among various departments of enterprises, budgetary shortfalls and inadequate skillsets.
Wu also pointed out that Chinese enterprises are facing mounting difficulties and challenges in the process of digital transformation, such as a lack of innovation and collaboration among various departments of enterprises, budgetary shortfalls and inadequate skills.
Thailand approved a drawn down subsidy package for its booming electric vehicle industry on Wednesday, as the top regional auto hub looks to continue its strong EV sales momentum while balancing budgetary support, a government official said.
Wu added that Chinese enterprises are facing unprecedented challenges in the process of digitalization, such as a lack of innovation and collaboration among various departments of an enterprise, budgetary shortfalls, limited experience and inadequate skills.
吴补充道，中国企业在数字化进程中正面临前所未有的挑战，包括企业内部各部门间创新与协作的缺失、预算不足、经验有限以及技能不达标等问题。
China's economy maintains an upward trend, which serves as a cornerstone for the growth of fiscal revenues and lays a solid foundation for the completion of budgetary targets for the year, Lan said.
The central government also unveiled measures including asking central and local authorities to reduce general spending, establishing a regular mechanism to directly allocate budgetary funds to lower-level governments and intensifying local fiscal operations monitoring.
As an important supplement to broad finance, policy banks are not subject to budgetary constraints, and debt space determines asset size, which provides them with more room and flexibility.
However, compared with fiscal funds, policy banks do not face difficult budgetary constraints on their assets and their capital adequacy ratios are higher than the regulatory red line.
A set of public works programs funded by central budgetary investment will be launched to help build supportive facilities related to key projects.
The share of work remuneration in central budgetary funding will be increased from the previous 15 percent to over 30 percent.
From January to October, the budgetary fiscal expenditure stood at 19.4 trillion yuan, up by 2.4 percent year-on-year, the official data indicated.
The Chinese government's budgetary revenue was up 18.4 percent year-on-year in the first eight months, indicating the resilience of economic recovery, according to the Ministry of Finance on Friday.
The total general public budgetary revenue reached 15 trillion yuan ($2.32 trillion) by the end of August.
Usually funded by foreign exchange reserves and a country's budgetary surplus, sovereign wealth funds are often state-owned and are tasked with generating returns to help stabilize the economy and accumulate wealth for future generations.
The video conference was attended by members of the Financial and Economic Affairs Committee of the National People's Congress (NPC) and the NPC Standing Committee's Budgetary Affairs Commission.
Demanding a full grasp of the guidelines, Shi Yaobin, vice chairman of the NPC Financial and Economic Affairs Committee and director of the NPC Standing Committee's Budgetary Affairs Commission, urged stricter supervision of local government debt to achieve a long-term balance between stabilizing growth and preventing risks.
It said that macroeconomic policies will be more targeted, while budgetary fiscal spending and local government bond issuance will accelerate, aiming to support the real economy and promote employment.
The budgetary spending in this field reached 322.7 billion yuan ($49.70 billion), which provides strong support for scientific and technological innovation.
It also said the government's budgetary investment and local government bond issuance should be at a proper frequency.
According to data released by the finance ministry, from January to June, the nation's general public budgetary revenue was 11.71 trillion yuan, up almost 22 percent year-on-year, given the low base of 2020 that was influenced by the COVID-19 pandemic.
From South China to Northwest China, all the provinces that I visited have prioritized technology innovation and high-end manufacturing in their annual and midterm budgetary plans.
The ministry also sought to improve the efficiency of spending by making it a normal practice to directly allocate budgetary funds to prefecture- and county-level governments and placing more funds under the mechanism this year, totaling 2.8 trillion yuan.
The funds are part of the central government's budgetary expenditure of cultivated land productivity protection subsidy, which originally planned as much as 120.485 billion yuan this year.
Tongchuan, a city in Northwest China's Shaanxi province, received fiscal funds amounting to 1.4 billion yuan as of this month, while its government spending reached 773 million yuan, or 55.9 percent of the annual budgetary expenditure, maintaining its steady economic recovery from the COVID-19 epidemic and ensuring priorities and stability in key areas like the job market, overall investment and market expectations, said Yang Lei, head of the local finance department.
The finance ministry will further improve direct fund supervision by connecting budgetary, cash flow and information systems.
They will not only cover budgetary revenue and expenditure, but also include information on assets, liabilities, and investment.
"Tight fiscal balance means that the government should further tighten the belt and standardize the management of budgetary expenditure.
The Chinese government's budgetary revenue peaked in the fourth quarter of 2020, at a year-on-year growth rate of 5.5 percent, thanks to the economic recovery and supportive fiscal measures that promoted industrial production, the Ministry of Finance reported on Thursday.
By the end of November, China's general budgetary revenue stood at 5.3 percent on a yearly basis, moderating from a decline of 10.8 percent during the first six months of 2020, as the economies of most regions in the country recovered strongly, according to official data.
Yan Se, an associate professor at the Guanghua School of Management of Peking University, said the government was unlikely to reduce too much of budgetary funds this year as it was focused on sustaining the economic recovery.
Besides the disclosure of departments' fiscal accounts, this year, the ministry will conduct third-party evaluations of the budgetary performance of more than 40 key projects that have large investment and long construction periods, but are deemed crucial for the nation's economic development.
The Asian Infrastructure Investment Bank (AIIB) has approved a loan of 661.8 million euros ($750 million) to provide budgetary support to Kazakhstan in fighting COVID-19.
The ministry reported on Thursday that last month, the nation's general public budgetary income decreased by 10 percent from a year earlier, with a decline in the tax income by 7.2 percent.
Government at various levels must fully enforce tax cuts and fee reduction policies and refrain from increasing corporate burdens despite budgetary imbalances, he added.
"Co-financed with the Asian Development Bank (ADB), the AIIB said the budgetary support will go toward increasing the government's testing capacity, bolstering vulnerable sectors, including agriculture, and providing conditional cash transfers and emergency assistance to poor households.
"Slower economic growth may increase the risk of zero growth or even a contraction in general budgetary revenue of Chinese regional and local governments this year," said Fu Yubin, an analyst with the Moody's Investors Service.
The government's general budgetary revenue rose by 3.2 percent in the first eight months, well below the 9.4 percent growth in the same period last year, and lower than the full-year target of 4.9 percent, the Ministry of Finance said.
The government's general budgetary revenue rose by 3.2 percent in the first eight months, well below the 9.4 percent growth in the same period last year, which was also lower than the full-year target of 4.9 percent, the Ministry of Finance said on Tuesday.
The budgetary fiscal deficit, which could increase to 2.8 percent of GDP this year, is awaiting review and approval by the country's top legislature in March, according to a ministry official who was not authorized to announce the figure.
According to the meeting, the country will improve the fiscal and the budgetary systems and deepen the reform of tax system.
Before the building of the new division, five working bodies under the NPC Standing Committee were responsible for handling deputies' affairs, including the General Office, the Legislative Affairs Commission and the Budgetary Affairs Commission.
The country kept annual budgetary spending on education at over 4 percent of GDP and realized a significant increase in spending per student, the report said.