China’s fiscal revenue back to growth for first time this year in Jun, fiscal spending falls at faster pace
China’s fiscal revenue back to growth for first time this year in Jun, fiscal spending falls at faster pace

China’s fiscal revenue back to growth for first time this year in Jun, fiscal spending falls at faster pace

 

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

 

 

China's fiscal revenue in June returned to growth for the first time this year due to a pick-up in tax collections as the economy recovered more quickly from the fallout of the coronavirus outbreak.

China's fiscal revenue rose 3.2 per cent year over year in June, improving sharply from a 10 per cent drop in the previous month, ending a five-month falling streak, according to data released by the Ministry of Finance on Friday.

In breakdown, the government's tax revenue increased 9 per cent from a year ago, also . . .

Sign In or Subscribe To Get Full Access.

 

Everything on The Wire.

We Cover China Market In Real-Time Mode. Follow Us To Stay Updated!

 

TRY FOR FREE. 

Subscribe Now! 

Easy Cancel Anytime

 

Not ready for full subscription?

Sign Up For Free Weekly China Market Highlights HERE!Â