China's Jan-July fiscal revenue growth slows

BEIJING : China's fiscal revenues grew 11.5 per cent in the first seven months from a year earlier, slower than a 13.3 per cent rise in the first six months, finance ministry data showed on Monday. Fiscal spending rose 3.3 per cent in the January-July period, slowing from a rise of 3.9 per cent in the fir

BEIJING : China's fiscal revenues grew 11.5 per cent in the first seven months from a year earlier, slower than a 13.3 per cent rise in the first six months, finance ministry data showed on Monday.

Fiscal spending rose 3.3 per cent in the January-July period, slowing from a rise of 3.9 per cent in the first six months, the ministry added.

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