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China’s fiscal revenue grew at a faster pace in July and its fiscal revenue returned to growth for the first time this year as the economy continued to recover from the coronavirus fallout.
Fiscal revenue rose 4.3 per cent year over year in July, accelerating from a 3.2 per cent growth in the previous month, rising for a second consecutive month, showed data released by the Ministry of Finance on Wednesday.
In breakdown, tax revenue increased 5.7 per cent, slowed by 3.2 percentage points from the previous month, and non . . .
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