China’s fiscal revenue grew 10.7% in 2021, land sales revenue slowed sharply
China’s fiscal revenue grew 10.7% in 2021, land sales revenue slowed sharply

China’s fiscal revenue grew 10.7% in 2021, land sales revenue slowed sharply

 

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China's fiscal revenue reached 20.25 trillion yuan in 2021, rising 10.7% from the previous year, up 6.4% from 2019-level and exceeding 200,000 yuan mark for the first time ever, said the Ministry of Finance.

That's higher than 19.77 trillion yuan and 8.1% growth expected by the government at the start of 2021.

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