Economy And The Numbers
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China's Jan-Feb. Fiscal Revenue Increases

3/12/2012 12:49 AM ET

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 RTT Staff Writer

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