Full Text: Report on China's central, local budgets

3. Implementation of the budget for the central government's state capital operations

In 2010, revenue from state capital operations of central government enterprises totaled 55.87 billion yuan, 132.7% of the budgeted figure. The surplus was mainly because proceeds from the sale of state shares in enterprises were included in the budget for state capital operations. Adding the 1.89 billion yuan carried forward from 2009, utilized revenue totaled 57.76 billion yuan. Expenditures from the central government' s state capital operations came to 56.343 billion yuan, consisting of 14.854 billion yuan for supplementing the national social security fund, 932 million yuan for post-Wenchuan earthquake recovery and reconstruction, 17.95 billion yuan for restructuring the state sector of the economy and industrial restructuring, 12.196 billion yuan in subsidies for reforming central government enterprises and making them profitable, 3.2 billion yuan for fostering major scientific and technological innovations, 3 billion yuan for major energy conservation and emissions reductions projects, 2.241 billion yuan for overseas investment, 470 million yuan for social security, 1 billion yuan transferred to the public finance budget to be spent on the people' s wellbeing, and 500 million yuan for the industrial development of the Xinjiang Production and Construction Corps.