BIZCHINA> Top Biz News
|
China's fiscal revenue up 33% in September
(Xinhua)
Updated: 2009-10-16 11:25
It is the fifth month in a row that China's monthly fiscal revenue has risen year-on-year, since it rose 4.8 percent in May. The ministry said the strong rebound was based on the relatively low basis in September last year and a domestic economic recovery.
Fiscal expenditure in September increased by 32.9 percent from a year earlier to 657.74 billion yuan. This brought total fiscal expenditure in the first nine months to 4.52 trillion yuan, up 24.1 percent compared with the same period last year.
(For more biz stories, please visit Industries)
|