April 14, 2017 / 6:48 AM / 5 months ago

China's fiscal expenditures surge 21 pct in Jan-March on-year

BEIJING, April 14 (Reuters) - Government spending in China increased 25.4 percent in March from a year earlier, while revenue rose 12.2 percent, the Ministry of Finance said on Friday.

Government spending in the first three months of the year was up 21 percent from a year earlier, while revenues rose 14.1 percent.

The figures were earlier reported by Chinese state media. (Reporting by Beijing Monitoring Desk; Editing by Kim Coghill)

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