BEIJING, Jan. 28 (Xinhua) -- China's fiscal revenue decreased 3.9 percent year on year to around 18.29 trillion yuan (about 2.8 trillion U.S. dollars) in 2020, official data showed Thursday.

File photo shows a teller counting Chinese currency Renminbi (RMB) at a bank in Qionghai City, south China's Hainan Province. (Photo: Xinhua)

The central government collected about 8.28 trillion yuan in revenue, down 7.3 percent year on year, while local governments saw revenue down 0.9 percent to about 10 trillion yuan, according to data from the Ministry of Finance.