China's general public budget spending rose by 4.6 percent year on year to nearly 9.36 trillion yuan (about 1.30 trillion U.S. dollars) in the first four months, according to data released by the Ministry of Finance on Tuesday.
In breakdown, expenditures on social security and employment amounted to around 1.6852 trillion yuan, up 8.5 percent year on year, while spending on education reached 1.4481 trillion yuan, an increase of 7.4 percent.
Health expenditures totaled 746.2 billion yuan, up 3.9 percent from a year ago, while spending on science and technology came to 295.3 billion yuan, showing a stable increase of 3.9 percent.
China's general public budget revenue dipped 0.4 percent year on year to 8.06 trillion yuan in the January-April period.
In April alone, fiscal revenue collected by the central government rose 1.6 percent, the first growth registered this year, the ministry added.
From January to April, tax revenue from the manufacturing of rail, shipbuilding and aerospace equipment increased by 33.2 percent, while revenue from the manufacturing of computers, communication equipment, and other electronic devices rose by 6.8 percent.
The culture, sports, and entertainment industry saw an 8.6 percent increase in tax revenue, driven by the expansion of China's trade-in policy across various sectors, which has boosted demand in these areas.
In addition, the tax revenue from information transmission, software, and information technology services rose by 12.2 percent in the period.
China's general public budget spending up 4.6 pct in first four months
Israel launched a preemptive strike on Iran early Friday, targeting Iranian nuclear facilities, senior military leaders and research scientists in a major escalation against Tehran.
Israel Defense Forces (IDF) confirmed in a statement that its jets have completed the first-stage attack, notably strikes on dozens of military targets, including nuclear targets in different areas of Iran.
Israeli Prime Minister Benjamin Netanyahu said in a video address that the goal of the ongoing operation is "to strike Iran's nuclear infrastructure, Iran's ballistic missile factories, and Iran's military capabilities," and will continue "for as many days as it takes."
Chief Commander of Iran's Islamic Revolution Guards Corps Hossein Salami and Deputy Army Commander Gholam-Ali Rashid were martyred as a result of the airstrikes, the official news agency IRNA reported.
The Israeli airstrikes also killed two Iranian nuclear scientists, identified as Mohammad-Mehdi Tehranchi and Fereydoun Abbasi, the report said. However, the Iranian side has denied reports that Chief of Staff of the Iranian Armed Forces Mohammad Bagheri was killed in the Israeli airstrikes, according to IRNA. A spokesman for the Iranian Armed Forces said that Israel, with the support of the United States, launched attacks on many places in Iran, including residential areas, and will pay a "heavy price" for this, and await strong response from the Iranian armed forces.
Explosions were reported in Tehran and counties of Natanz, Khondab and Khorramabad, the Iranian state TV reported, adding that multiple casualties, including women and children, were reported in a residential building in Tehran.
Both Israel and Iran closed their airspace following the attack. Israel has declared a nationwide state of emergency.
In a statement, U.S. Secretary of State Marco Rubio denied any U.S. assistance or involvement in the "unilateral" attack, adding that Israel had told Washington that it believed the strikes were necessary for its self-defense.
Earlier on Thursday, U.S. President Donald Trump warned of a possible "massive conflict" in the Middle East, saying that "I don't want them going in" as a new round of Oman-mediated negotiations between the United States and Iran will be held in Muscat Sunday.
"I want to have an agreement with Iran. We're fairly close to an agreement ... As long as I think there is an agreement, I don't want them going in because that would blow it," he told reporters in the White House.
Israel launches preemptive strike on Iran, killing military leaders