Audit Office: The central government's general public budget spending increased by 6.5% year-on-year.

The Audit Office released the State Council's audit report on the central budget execution and other fiscal revenues and expenditures for 2024, pointing out the need to improve the quality and efficiency of promoting proactive fiscal policies and to drive economic recovery and improvement. It has increased the intensity of fiscal expenditures, with a year-on-year increase of 6.5% in general public budget expenditures at the central level; issued 1 trillion yuan of ultra-long-term special national bonds, specifically for the "two-oriented" construction and "two new" work, maintaining financial support for key areas and economic recovery. It has expanded the scope of local government special bonds and the use of project capital funds, with an additional special debt limit of 3.9 trillion yuan to support local efforts to fill gaps.