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China sees faster growth of fiscal revenue, spending in June

CHINA'S fiscal revenue and expenditure recorded faster growth in June, the Ministry of Finance (MOF) said Friday.

Fiscal revenue rose 8.9 percent year on year to 1.7 trillion yuan (251.8 billion U.S. dollars) last month, accelerating from the 3.7-percent growth in May, according to the MOF.

Fiscal expenditure surged 19.1 percent year on year to 2.7 trillion yuan, picking up speed from a 9.2-percent increase in May, the MOF data showed.


 

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