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Baotou's public budget revenue exceeds $2b

Updated: 2022-12-09

The Baotou bureau of finance has recently achieved stable operation of financial revenue. 

As of November this year, the city's general public budget revenue has totaled 16.1 billion yuan ($2.32 billion), an increase of 1.28 billion yuan, or 8.6 percent, year on year. 

Additionally, 93.2 percent of the budget at the beginning of the year was put to use.

Specifically, the tax revenue was 12.34 billion yuan, up 4.2 percent, while non-tax revenue was 3.76 billion yuan, up 26.2 percent.

The steady growth of fiscal revenue has laid a solid foundation for stabilizing the economy in 2022 and achieving the city's annual targets.