Analysis of the Impact of the Relationship between the General Budget and the Current Account of China for the Period 2004-2020

Abstract

China is one of the countries in the world that has developed over time, and the economic level can be identified by knowing the nature of the relationship between the general budget and the current account and its impact on the economic situation and the fluctuations it suffers from. The study included three sections. The first section dealt with an analysis of the nature of the general budget of the State of China, with its two main parts, expenditures. And revenues. The second section was concerned with analyzing the structure of the current account of the State of China. The third section dealt with the standard analysis of the nature of the relationship between the general budget and the current account within the period from 2004-2020. The research concluded with an increase in the rate of public expenditures that helps in developing the country’s infrastructure and reflects positively on Economic level of the country. China is characterized by a high level of foreign investment and this is reflected in the improvement of its trade account.