China's general public budget revenue for the first half of 2025 totaled 11.5566 trillion yuan (about 1.59 trillion U.S. dollars), down 0.3 percent from a year earlier, the Ministry of Finance said on Friday at a press briefing in Beijing.
The decline narrowed by 0.8 percentage points compared to the first quarter of this year.
Tax receipts showed resilience in the first half of the year, with domestic value-added tax rising 2.8 percent, consumption tax up 1.7 percent, and personal income tax climbing 8 percent. Export tax rebates totaled 1.27 trillion yuan (about177.52 billion U.S. dollars) , up 132.2 billion yuan (about 18.48 billion U.S. dollars) from a year earlier.
In the same period, revenue from equipment manufacturing and modern services sectors posted strong gains. The tax income from railway, shipbuilding and aerospace equipment surged 32.2 percent, while the tax income from computer and communication devices rose 9.2 percent. The tax income from electrical machinery manufacturing and scientific research services grew 6.3 percent and 13.8 percent, respectively.
Non-tax revenue increased 3.7 percent from the previous year to 2.27 trillion yuan (about 317.3 billion U.S. dollars) in the first six months of this year, but the pace slowed by 5.1 percentage points from the first quarter.
Fiscal expenditure rose 3.4 percent to 14.1271 trillion yuan (about 1,974.71 billion U.S. dollars) from January to June, with the spending on social security, education, science and technology, and environmental protection all expanding by more than 5 percent year on year.
Meanwhile, government fund budget spending jumped 30 percent from the previous year, driven by 2.43 trillion yuan (about 339.67 billion U.S. dollars) in spending from local government special-purpose bonds and ultra-long special treasury bonds issued in the first half of 2025.
China's general public budget revenue exceeds 11 trillion yuan in H1
A former television host from Taiwan, Zhai Xuan, has made a pivotal decision to leave mainstream broadcasting in order to create content that provides a better understanding of the Chinese mainland and cross-strait relations.
Zhai, a seasoned television host with over a decade of experience in Taiwan's media landscape, recently addressed an audience at an event in Beijing, where she revealed her complete transition into independent online media.
In her remarks, she articulated her aspiration to bridge what she perceives as a significant information gap between audiences on both sides of the Strait, highlighting her commitment to fostering a deeper understanding and connection through her new endeavors.
"I was really surprised by all the fake news. There were stories saying people on the mainland can't afford tea eggs or that they live in mud houses and in Taiwan, this was the main information many people received," said Zhai.
Zhai said she initially began producing online videos to challenge such perceptions while continuing her work as a television host.
In April 2025, she travelled to the mainland with her father to fulfill her late grandfather's wish to return to his hometown. The trip, which reunited family members separated since 1949, was recorded in a video series titled "Journey to Find Our Roots", drawing attention from viewers in both Taiwan and the mainland.
"Many people in Taiwan told me that after watching, they wanted to apply for a mainland travel permit immediately and go looking for their relatives. Some had long forgotten these things, but after seeing my story, they began thinking about their hometowns and family members they had never met and decided to search for their roots," Zhai shared her story at the event.
By mid-2025, Zhai said she began to feel increasing pressure amid rising political tensions and a tightening atmosphere around cross-Strait exchanges in Taiwan.
After more than 12 years in the industry, Zhai resigned from her position, believing it was the right thing to do.
"At that moment, I felt this was a major issue，not just for me, but for Chinese people on both sides of the Strait. If I backed down then, I wouldn’t be standing on the right side," said Zhai.
Since leaving television, Zhai has broadened her online programming to encompass a range of daily-life topics, including practical guidance on applying for a mainland travel permit and using commonly employed mobile applications, in addition to content that delves into historical memory and cultural connections across the Strait.
As the debate over cross-Strait relations continues in Taiwan, Zhai said she remains committed to her current path.
Former Taiwan TV host bridges cross-Strait divide via online media
