Central govt fiscal budget rises

China's central government budgeted 429 billion yuan ($69.17 billion) of personal income tax in 2014, up 9.5 percent from the personal income tax revenue it gained in 2013, citing a rise in urban residents' income, the Ministry of Finance (MOF) said Tuesday.

The central government will also collect an estimated 141.49 billion yuan in after-tax profits from centrally administered State-owned enterprises, up 36.1 percent from last year's collection figure, the ministry said.

The MOF began to publish details of the annual central fiscal budget on its website since 2009, as a means to strengthen public supervision of government work and prevent corruption.