Baotou's public finance supports high-quality development
In 2024, Baotou achieved a general public budget revenue of 20.86 billion yuan ($2.86 billion), an increase of 4 percent year-on-year, with expenditures reaching 46.16 billion yuan. The city also secured 26.2 billion yuan in upper-level transfer payments, strongly supporting major projects involving recycled water utilization, urban infrastructure and more.
In 2025, the municipal finance system will continue to optimize budget arrangements and expenditure structures, strengthen key areas such as business support, technological innovation, and social welfare, and enhance risk prevention. Efforts will focus on expanding revenue sources, improving fund efficiency, and activating assets to further promote high-quality economic growth and social development.
Through precise fiscal management and deepened reforms, Baotou aims to provide solid financial support for the city's goals in industrial innovation and sustainable development.