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 general public budget spending up 3.4% in Jan-May

File photo shows a worker counts Chinese currency renminbi at a bank in Lianyungang, East China’s Jiangsu province. [Photo/Xinhua] BEIJING — China’s general public budget spending expanded 3.4 percent year-on-year to 10.8359 trillion yuan ($1.52 trillion) in the first five months of 2024, the Ministry of Finance said Monday.