China’s fiscal revenue down 2.6% in Jan-July

File photo shows a worker counts Chinese currency renminbi at a bank in Lianyungang, East China’s Jiangsu province. [Photo/Xinhua] BEIJING — China’s fiscal revenue dipped 2.6 percent year-on-year in the first seven months of this year, official data showed Monday. The pace of decrease eased from a decline of 2.8 percent registered in the first … Continue reading China’s fiscal revenue down 2.6% in Jan-July

China’s general budget expenditure up 2% in H1

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. [Photo/Agencies] China’s general public budget expenditure saw a year-on-year increase of 2 percent in the first six months of 2024, data from the Ministry of Finance showed on Monday. According to the ministry, the country’s general public budget expenditure amounted … Continue reading China’s general budget expenditure up 2% in H1

China’s fiscal revenue down 2.3% in first two months of 2024

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. [Photo/Agencies] BEIJING – China’s fiscal revenue fell 2.3 percent year-on-year in the January-February period, but rose 2.5 percent after adjusting on comparable basis, Deputy Finance Minister Liao Min said Thursday. The country’s fiscal expenditure expanded 6.7 percent during the … Continue reading China’s fiscal revenue down 2.3% in first two months of 2024