According to the latest data from the Kunming Municipal Bureau of Finance, in 2021, Kunming's, the capital of Southwest China's Yunnan province, general public budget revenues reached 68.91 billion yuan($10.88 billion), 102.4 percent of the budget at the beginning of the year.
The city's general public budget expenditures reached 92.82 billion yuan, 102.5 percent of the budget at the beginning of the year. The city's fiscal revenues and expenditures successfully reached their respective annual targets and marked a stable start for the 14th Five-Year Plan(2021-25).
The gross domestic product of Yunnan totaled 2.7 trillion yuan in 2021, up 7.3 percent year-on-year, the provincial statistical bureau said Friday.
The border province has stabilized economic development despite the epidemic. It saw an average growth of 5.6 percent over the past two years. In 2021, the per capita disposable income of Yunnan residents was 25,666 yuan, up 10.2 percent year-on-year.
