China Fiscal Revenues Rise 11.9% in September
Beijing - FANA
China’s fiscal revenues grew 11.9% year-on-year to 825.8 billion yuan ($131.08 billion) in September, China’s Ministry of Finance said. The country’s central fiscal revenues dropped 2.4% year-on-year to 366.4 billion yuan last month, while that of local governments was up 26.8% to 459.4 billion yuan, according to a statement from the ministry. Corporate income taxes rose 14.7% year-on-year to 1.7 trillion yuan, while individual income taxes shrank 8.4% to 457.4 billion yuan, according to China’s News Agency (Xinhua).
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