Revenues of the central and local governments of China soared almost 24
percent to reach 2.172353 trillion yuan (US$285.836 billion) in the first five
months of the year, said Chinese Finance Minister Jin Renqing here Wednesday.
government revenue reached 1.220927 trillion yuan, up 298.345 billion yuan year-on-year, while local government revenues reached 951.426
billion yuan, up 210.912 billion yuan, Jin said in his report to the Standing
Committee of the National People's Congress this morning.
In 2006, China's national financial revenue totaled 3.93732 trillion yuan.
The national financial expenditures totaled 4.042273 trillion yuan, said the
Last year, the central government ran a deficit of 274.896 billion yuan with
revenues of 2.124389 trillion yuan and expenditures of 2.349285 trillion yuan,
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