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What expenditure does the public welfare capital expenditure in the budget law include?
The budget expenditure stipulated in China's new budget law is:

(1) Expenditure on economic construction;

(2) Expenditure on education, science, culture, health, sports and other undertakings;

(3) State management fees;

(4) defense expenditure;

(5) Expenditure on various subsidies;

(6) Other expenditures.

Public welfare capital expenditure in budget law is the expenditure that can form capital. Generally, it is the project assets provided by government departments, such as science, education, culture, health, environmental protection, radio, film and television administration and justice. , belongs to the public goods, no profit or meager profit (not for profit). Most of these assets belong to non-production and operation fields.

Extended data:

Budget Law of the People's Republic of China

Twenty-seventh general public budget revenue includes tax revenue, administrative fees, paid use of state-owned resources (assets), transfer income and other income.

General public budget expenditures are classified by function, including general public service expenditures, diplomatic, public safety and national defense expenditures, agricultural and environmental protection expenditures, education, science and technology, culture, health, sports expenditures, social security and employment expenditures, and other expenditures.

General public budget expenditures are classified according to economic nature, including wages and welfare expenditures, goods and services expenditures, capital expenditures and other expenditures.

Twenty-eighth government fund budget, state-owned capital operation budget and social insurance fund budget, in accordance with laws, administrative regulations and the provisions of the State Council.

Article 29 Specific measures for the division of revenue and expenditure items between the central budget and local budgets, the transfer of revenue from local to central, and the tax refund or transfer payment from central to local shall be formulated by the State Council and reported to the NPC Standing Committee for the record.

Thirtieth the higher level government shall not transfer funds from the budget of the lower level government outside the budget. Governments at lower levels shall not occupy or intercept funds belonging to the budget of higher levels.

Baidu Encyclopedia-China People's Budget Law