China's fiscal revenue up 0.8 pct in first 10 months

China's fiscal revenue increased by 0.8 percent year on year to nearly 18.65 trillion yuan (about 2.63 trillion U.S. dollars) in the first 10 months of 2025, according to data released by the Ministry of Finance on Monday.

The central government collected approximately 8.19 trillion yuan in fiscal revenue during this period, which was down 0.8 percent year on year, while local governments collected 10.46 trillion yuan, up 2.1 percent.

In the first 10 months, China's tax revenue totaled 15.34 trillion yuan, an increase of 1.7 percent year on year. The country's non-tax revenue decreased by 3.1 percent to 3.31 trillion yuan during this period.

China's fiscal expenditure expanded 2 percent year on year to 22.58 trillion yuan during the first 10 months of 2025.

Spending on education came in at roughly 3.41 trillion yuan, up 4.7 percent year on year.

Science and technology expenditure totaled 784.7 billion yuan -- an increase of 5.7 percent.

Spending on social security and employment, meanwhile, came in at 3.77 trillion yuan during this period, up 9.3 percent.

China's fiscal revenue up 0.8 pct in first 10 months

China's domestically produced large passenger aircraft, the C919, has begun flying a new route linking Guangzhou, the capital of south China's Guangdong Province, with Wenzhou, a major economic city in east China's Zhejiang Province, according to the route's operator, China Southern Airlines. Monday's launch of the Guangzhou–Wenzhou service marks the regular deployment of the C919 on passenger flights between the two cities. China Southern Airlines plans to operate two round-trip flights daily on the route.

The C919 is a narrow-body passenger jet with a maximum capacity of 192 seats. It is China's first self-developed trunk jetliner, built to international airworthiness standards and featuring independently registered intellectual property rights.

China Southern Airlines, the country's largest carrier, has taken delivery of 10 C919 aircraft. As of Monday, its C919 fleet had operated more than 8,300 flights, carrying over 1.13 million passengers and serving 21 destinations.

China's homegrown C919 aircraft launches new domestic air route