The financial district of Pudong New Area. [Photo by Gao Erqiang/China Daily] BEIJING – China’s general public budget spending expanded 2.9 percent year-on-year to nearly 7 trillion yuan ($985 billion) in the first quarter of 2024, according to a Monday press conference. Various sectors registered relatively fast growth in fiscal spending, including those related to … Continue reading China reports general public budget spending near 7t yuan in Q1