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China's Jan-Feb. Fiscal Revenue Increases

China's fiscal revenue increased 13.1 percent annually during January to February, the Ministry of Finance said Monday. Tax revenue logged an annual growth of 9.5 percent.

At the same time, fiscal expenditure climbed 32.8 percent.

The government aims to reduce the budget deficit to CNY 800 billion or around 1.5 percent of GDP.

by RTTNews Staff Writer

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