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Chinese government expenditure by function

 

More than half of the Chinese government expenditure is used in economy development and society, culture and education. This proportion of indicates the high emphasis China is placing in these two aspects of the country. China is the country with the fastest GDP growth rate; this can be shown in the amount of funds the government has injected in this area- unleashing the full potential inherent in the country. As for education, China sees the importance of building an educated workforce to compete on a global level. Furthermore, great importance is placed in the health and medical aspects. By examining the proportion of the expenditure, objectives of the Chinese government could be clearly revealed.

 

Below is the chart of Chinese government expenditure by function for the year 2009:

 

Chinese government expenditure by function

 

Trends of Chinese government expenditure by function

 

From 1991 to 2006, there is a decline in the proportion of expenditure in economy development from 56% to 27%. However, this decrease in this aspect is being offset by the increase in expenditure spent on society, culture, education and other administrative expenses. This can be seen that besides economy development, greater emphasis has placed on other areas as well for a whole rounded development of the country. There is a slight decrease in the proportion of expenditure spent on national defense from 10% in 1985 to 7% in 2006.

 

Below is the chart of trends and growth rate of China government expenditure by function from year 1991 - 2006:

 

Chinese government expenditure by function

 

 

 

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