China's Jan-June fiscal revenue growth slows

Pedestrians near the Guomao central business district in Beijing. - Bloomberg

BEIJING: China's fiscal revenues grew 13.3% in the first six months of 2023 from a year earlier, slower than a 14.9% rise in the first five months, finance ministry data showed on Wednesday.

Fiscal spending rose 3.9% in the January-June period, slowing from a rise of 5.8% in the first five months, the ministry's data showed.