Reuters logo
China fiscal revenue and spending growth slow in August
September 11, 2017 / 1:38 AM / 2 months ago

China fiscal revenue and spending growth slow in August

BEIJING, Sept 11 (Reuters) - Government spending in China rose 2.9 percent year-on-year in August, while revenue increased 7.2 percent, the Ministry of Finance said Monday.

The August spending slowed from July’s 5.4 percent pace, while revenue growth declined from 11.1 percent.

Government spending for the first eight months of the year rose 13.1 percent, while revenues increased 9.8 percent. (Reporting by Beijing Monitoring Desk; Editing by Shri Navaratnam)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below