Specifically, the general public budget includes the following expenditures:
Administrative expenses: including the daily administrative office expenses of government organs, administrative units and institutions, such as staff salaries, office expenses, travel expenses, conference expenses, etc.
Expenditure on infrastructure construction: including expenditure on infrastructure construction such as roads, railways, airports, ports, bridges, tunnels, water conservancy, electricity and communications.
Public service expenditure: including education, health, culture, science and technology, sports, environmental protection and welfare expenditure.
Debt service expenditure: including debt principal and interest expenditure in the form of bonds and loans issued by the government.
Other expenditures: including government procurement, disaster relief, assistance to poor areas, incentives and other expenditures.
The income sources of general public budget mainly include tax, non-tax income, debt income and other income. Among them, tax is the most important source of government revenue, accounting for more than 70% of public finance revenue. Non-tax revenue mainly includes administrative fees and confiscation income. Debt income refers to the funds raised by the government through issuing bonds. Other income includes the government's foreign exchange income and land transfer income.
In a word, the general public budget is the most basic financial budget of the government, and it is the main source of funds for the government to carry out economic construction, provide public services and repay the principal and interest. Its balance of payments is of great significance to national economic development and social stability.