Govt raises $800b in fiscal revenue in Q1

By Chen Jia | chinadaily.com.cn | Updated: 2018-04-18 10:39

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An employee counts yuan banknotes at a bank in Huaibei, East China's Anhui province June 22, 2010. [Photo/Agencies]

The government raised 5.05 trillion yuan ($803.35 billion) in fiscal revenue in the first quarter, up by 13.6 percent year-on-year. The total fiscal expenditure was 5.099 trillion yuan, up by 10.9 percent, the Ministry of Finance said.

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