Fiscal steps to maintain growth pace

Finance ministry plans more measures to ease burdens of corporates

China's fiscal revenue increased at a steady rate of 10.6 percent on an annualized basis during the first half of this year with fiscal spending in key sectors growing at a faster pace and sustaining economic growth, the Ministry of Finance said on Friday.

During the first six months, the country's total fiscal revenue rose to 10.4 trillion yuan ($1.56 trillion), as tax income, the largest contributor to fiscal revenue, expanded 14.4 percent to nearly 9.2 trillion yuan, said Lou Hong, director-general of the national treasury department at the finance ministry.