Nation set to meet fiscal budget target
By Chen Jia | China Daily | Updated: 2017-10-17 07:31
China will achieve annual goals in its fiscal budget this year despite a possible slowdown in the government's revenue growth in the next three months, an official from the Ministry of Finance said on Monday.
In September, fiscal revenue was 1.27 trillion yuan ($192 billion), up by 9.2 percent year-on-year, compared with the 7.2 percent growth in August.
The fiscal expenditure rose to 2.02 trillion yuan last month, a year-on-year increase of 1.7 percent, slowing from 2.9 percent in August, according to the ministry.
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