BEIJING: China's fiscal expenditure surged 26.1% in June from a year earlier to 1.65 trillion yuan (US$265.84bil), the finance ministry said on Monday, reflecting the government efforts to speed up spending to shore up the economy.
The spending growth accelerated from a rise of 24.6% in May.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!