China’s fiscal revenue drops 2.8% in H1

China’s fiscal revenue dropped by 2.8 per cent in the first half of 2024, reaching 11.59 trillion yuan ($1.62 trillion), as reported by the Ministry of Finance on Monday.

According to the data, the country’s fiscal expenditure increased by 2 per cent to 13.66 trillion yuan during the period.

Attribution: Xinhua

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