The central government allocated some 5.51 trillion yuan in funding to local governments in 2015, including 501.87 billion yuan in tax rebates, according to a report by China Business News.
The central government's spending showed a trend of support for the middle and western regions. Of the 14 provinces, municipalities and autonomous regions that gained more than 200 billion yuan of fiscal support, 12 were from the middle and western regions.
Southwest China's Sichuan province received 370.1 billion yuan, the largest amount among all regions. Central China's Henan province was given 340.3 billion yuan, ranking second.
Developed areas such as Beijing, Shanghai and East China's Zhejiang province obtained relatively small amounts of support, each with less than 100 million yuan allocated by the central government.
Let's take a look at the regions which received the most support from the central government in 2015.
Women make folk crafts at a Miao and Dong cultural and custom park in Kaili city, Southwest China's Guizhou province, on July 23, 2016. [Photo/VCG] |
No 10 Guizhou province, Southwest China
Funds from the central government: 231.81 billion yuan