The story appears on

Page A13

March 15, 2011

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Economy

Fiscal revenue rises

CHINA'S fiscal revenue jumped 41.5 percent year on year in February to 699.7 billion yuan (US$106.5 billion), the Ministry of Finance said yesterday in Beijing.

The central government's fiscal revenue topped 375.53 billion yuan, up 50.8 percent from the previous year. Local governments gathered a combined 324.17 billion yuan, the ministry said on its website.

The February data took the January-February fiscal revenue to 1.85 trillion yuan, an increase of 36 percent from the same period of last year.

The ministry attributed the strong fiscal revenue growth to increases in taxes on imports, rapid economic growth and price hikes.

The ministry said fiscal revenue growth would slow in the coming months due to the government's tightening measures.



 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend