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Reply #91: China's fiscal revenue rises 27 pct in April [View All]

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 09:30 AM
Response to Reply #11
91. China's fiscal revenue rises 27 pct in April
http://news.xinhuanet.com/english2010/business/2011-05/11/c_13869829.htm

BEIJING, May 11 (Xinhua) -- China's Ministry of Finance said on Wednesday that the country's fiscal revenue rose to 1 trillion yuan (154 billion U.S. dollars), up 27.2 percent year-on-year, in April.

The growth rate climbed slightly from 26.7 percent in March, but eased from the 36 percent increase in the first two months of this year when surging imports boosted fiscal revenue, the ministry said in a statement on its website.

The growth of fiscal revenue is expected to continue to slow down in the following months, it added, without elaborating.

In April, the central government collected 521.4 billion yuan and local governments gathered the rest, the statement said.
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