The "report card" of national fiscal revenue and expenditure in the first 5 months of this year reflects what? Experts interpret.

Yesterday, the Ministry of Finance released the national fiscal revenue and expenditure for January to May this year. The data shows that in the first five months, national general public budget revenue exceeded 10 trillion yuan. Bai Yanfeng, a professor at the Central University of Finance and Economics, said: The improvement in fiscal revenue data this time is comprehensive from the central government to local governments, from finance to the economy, which is very gratifying. The tight balance of fiscal revenue and expenditure has been greatly eased. The growth rate of tax revenue exceeded that of the general public budget, indicating an increase in the tax revenue ratio. This actually reflects the improvement in the quality of fiscal revenue, and also indicates that the potential for economic growth has been further released and enhanced. In terms of main tax types, from January to May, due to the continued growth of the industrial and service sectors, and the rise in factory prices for industrial producers, domestic value-added tax increased by 6.2%, with an increase for the fourth consecutive month. Value-added tax is closely related to the national economy, industrial production, and service consumption, as it is a major tax type in tax revenue, reflecting the continuous improvement of the economy's supporting role.