Slowing economy crimps nation's fiscal revenue

Broad fiscal revenue grew 7.2 percent last year, the slowest pace since 1991, underscoring both the pain of the economic slowdown and the growing tension between income and expenditure.

General fiscal revenue, including taxes and fines, rose 8.6 percent to 14 trillion yuan ($2.25 trillion), the Ministry of Finance said on Friday. That was the first single-digit expansion in 23 years.

Revenue grew 10.2 percent in 2013 and 12.9 percent in 2012 .