UPI in English  |   UPI Arabic  |   UPI en Español  |   UPIU

China Nov. fiscal revenue up 22 percent

Published By United Press International
BEIJING, Dec. 11 (UPI) -- China's finance ministry Tuesday reported November fiscal revenues rose 21.9 percent year-on-year to $125.12 billion.

November fiscal expenditures rose 6.7 percent to $195.7 billion.

The ministry said November tax revenues, the main source of government income, rose 21.1 percent $108.2 billion, the official Xinhua News Agency reported.

Fiscal revenues in the first 11 months of this year totaled $1.75 trillion, the ministry said. Fiscal expenditures in the same period were $1.68 trillion.

For all of 2011, China's fiscal revenues amounted to $1.64 trillion.
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Photo Gallery
1 of 1
Tour de France concludes in Paris
Race winner Bradley Wiggins of Great Britain (C) stands between second place finisher Christopher Froome of Great Britain (L) and third place finisher Vincenzo Nibali of Italy on the presentation podium following the final stage of the Tour de France in Paris on July 22, 2012. Wiggins of Great Britain became that country's first ever overall winner of the Tour de France. UPI/David Silpa