Fis­cal rev­enue ex­pands 9.3% in Q1: Fi­nance Min­istry

China Daily (Canada) - - BUSINESS -

China’s fis­cal rev­enue climbed 9.3 per­cent in the first quar­ter to 3.5 tril­lion yuan ($568.71 bil­lion), theMin­istry of Fi­nance said on Thurs­day. Cen­tral govern­ment rev­enue in­March alone stood at 377.4 bil­lion yuan, down 1.4 per­cent from a year ear­lier, while lo­cal govern­ment rev­enue was 632.9 bil­lion yuan, up 9.5 per­cent.

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