Telah Terbit: Feb 29, 2024 07:40
【SMM Steel Market Morning News: China Finance Academy Report: China's fiscal revenue will continue to recover】The China Academy of Finance and Science recently released the "Research Report on the Economic Operation of Local Fiscal in 2023" in Beijing. The report introduces that China's fiscal revenue is undergoing structural changes, with expenditure growth exceeding revenue growth, and the annual revenue and expenditure gap of the general public budget is expanding. With economic recovery, fiscal revenue will continue to maintain a trend of recovery and growth. The report suggests optimizing the debt structure between the central and local governments, moderately increasing the proportion of central government debt, and improving the level and efficiency of fiscal resources' ultimate allocation to better adapt to the increasingly frequent cross-regional flow of production factors such as population and resources.

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【SMM Steel Market Morning News: China Finance Academy Report: China's - Shanghai Metals Market (SMM)