At the end of June, the budget for 2010 was formally promulgated after parliament passed. The main focus of the budget is to gradually eliminate the fiscal deficit in stages. Its main measures are to reduce recurrent fiscal expenditure and control government investment behavior within 6-7% of GDP. At the same time, a new tax system with "wide tax base, low tax rate and simple tax system" will be constructed and the use of state-owned assets will be optimized.

At the same time, the budget proposes to implement new industrial stimulus policies to the textile and clothing manufacturing industry to maintain the competitiveness of the industry. The budget has identified agriculture, IT outsourcing and petroleum exploration services, jewelry industry, furniture, ceramics and tourism as leading industries as a bright spot for fiscal revenue growth.

In addition, the budget will introduce tariff free treatment for raw materials and intermediate products, and high tariffs will be imposed on imported homogeneous goods to protect domestic industries.