China's fiscal revenue falls 2.6% in January-July


BEIJING: China's fiscal revenue fell 2.6% in the first seven months of 2024 from a year earlier, narrowing slightly from a 2.8% slide in the first half, finance ministry data showed on Monday, as the economy struggles for a pick up in growth.

Fiscal expenditure grew 2.5% in the January-July period, versus a 2% increase in the first half.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
China , fiscal , revenue

Next In Business News

Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer

Others Also Read