CHINA China sees higher fiscal revenue, spending in 2018

CHINA

China sees higher fiscal revenue, spending in 2018

By Wang Zi and Zhan Huilan | People's Daily app

14:54, January 23, 2019

China's Ministry of Finance released the operating data of the country's fiscal revenue and expenditures for 2018 on Wednesday. The data show that revenues and expenditures are operating well. 

收入_画板 1.jpg

支出_画板 1.jpg

Fiscal revenue rose 6.2 percent year on year to 18 trillion yuan ($2.65 trillion) last year, down from the 7.4-percent growth in 2017, according to the MOF.

Fiscal expenditures surged 8.7 percent year on year to 22 trillion yuan ($3.24 trillion), higher than the 7.7-percent increase in 2017, MOF data showed.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue