USEUROPEAFRICAASIA 中文双语Français
Home / Weekend Life

Fiscal revenue growth slows in August to 4%

By Zhou Lanxu and Xin Zhiming | China Daily | Updated: 2018-09-14 07:45

China's fiscal revenue rose slower in August amid tax cut measures and weaker economic dynamics, official data showed. Experts expected fiscal revenue to rebound this year after stimulus policies take effect.

The country's total fiscal revenue increased at a slower speed of 4 percent year-on-year to reach 1.11 trillion yuan ($161 billion) in August, dragging the overall fiscal revenue growth in the January-August period down to 9.4 percent, according to a statement published by the Ministry of Finance on Wednesday.

Before August, China had registered double-digit growth in aggregate fiscal revenue from January, data showed.

Fiscal revenue growth slows in August to 4%

Today's Top News

Editor's picks

Most Viewed

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US