China's fiscal revenue hit USD1.21t in H1


(MENAFN) The Chinese Ministry of Finance said that the country's fiscal revenue grew 8.8 percent on-year to USD1.21 trillion during the first half of 2014, Xinhua reported.

In June, central government revenue reaches USD88.8 trillion, up 5.8 percent over a year ago, while local government revenue totaled USD12945 trillion, up 10.9 percent year-on-year.

According to the ministry, June's fiscal revenue rose 8.8 percent, hitting USD218.89 billion, accelerating by 7.2 percent over the previous month.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.