- General public services, disciplinary inspection, and dispatch agencies are expected to receive the same amount of funding in 2023 as they did in 2022.
- Education spending is projected to increase slightly in 2023, with a focus on training and development.
- Foreign affairs spending is expected to decrease significantly in 2023, with a 64.87% reduction in funding for international organizations.
- Financial sector spending is expected to decrease by 10.23% in 2023, with a notable decrease in administrative expenses for the financial sector.
- Overall, the budget for 2023 shows a decrease in spending compared to the budget execution in 2022, which suggests that the People’s Bank of China is taking a more conservative approach to spending in the upcoming year.
http://www.pbc.gov.cn/rmyh/105208/4833140/2023032816314266610.pdf