China’s fiscal revenue posts steady growth in April

2018-05-14
Xinhua

BEIJING —China’s fiscal revenue maintained double-digit growth in April due to steadily increasing tax income, data from the Ministry of Finance (MOF) showed on May 14.

Fiscal revenue rose 11 percent year-on-year to 1.85 trillion yuan ($291.6 billion) last month, with tax revenue up 14.6 percent to reach 1.66 trillion yuan, according to the ministry.

In the first four months of the year, fiscal revenue went up 12.9 percent year-on-year to 6.9 trillion yuan, the data showed.