Ministry of Finance: The central government's budgeted revenue from state-owned capital operations in 2026 is 3716.32 billion yuan, a decrease of 4.8%.

Xinhua News Agency is authorized to release the "Report on the Implementation of Central and Local Budgets in 2025 and the Draft Central and Local Budgets for 2026". The report points out that the operating budget income of central state-owned capital in 2026 is 371.632 billion yuan, a decrease of 4.8%, mainly due to the decline in profits of some central enterprises in 2025. With the carry-over income from the previous year of 25.991 billion yuan, the total income is 397.623 billion yuan. The operating budget expenditure of central state-owned capital in 2026 is 147.623 billion yuan, an increase of 13.8%, mainly due to the increase in carry-over income from the previous year, with the corresponding increase in expenditures focused on increasing capital support for central enterprises. Of this, 144.245 billion yuan is spent at the central level, with 33.78 billion yuan transferred to local transfers. An additional 250 billion yuan is transferred to the central general public budget.