China's fiscal revenue up 3.8% in January-November period
China's fiscal revenue increased 3.8 percent year on year to around 17.9 trillion yuan (US$2.6 trillion) in the first 11 months of 2019, official data showed on Tuesday.
The central government collected about 8.61 trillion yuan in revenue during the period, up 4.8 percent year on year, while local governments saw revenue up 3 percent to about 9.29 trillion yuan, according to data from the Ministry of Finance.
China's fiscal spending expanded 7.7 percent year on year to around 20.65 trillion yuan during the January-November period, the MOF data showed.