August 16, 2019 / 9:09 AM / 3 days ago

China's Jan-July fiscal revenues up 3.1% year-on-year

A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration

BEIJING (Reuters) - China’s fiscal revenues in the first seven months of the year rose 3.1% from a year earlier, the Ministry of Finance said on Friday.

Fiscal expenditures for the January-July period increased 9.9% on an annual basis, the ministry said in a statement on its website.

Reporting by Lusha Zhang and Se Young Lee; Editing by Jacqueline Wong

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