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China says 2013 fiscal revenues up 10.1 pct yr/yr
January 23, 2014 / 6:27 AM / 4 years ago

China says 2013 fiscal revenues up 10.1 pct yr/yr

BEIJING, Jan 23 (Reuters) - China’s fiscal revenues rose an annual 10.1 percent in 2013 to 12.91 trillion yuan ($2.13 trillion) while fiscal expenditures rose 10.9 percent to 13.97 trillion yuan, the Ministry of Finance said on Thursday.

Of the total revenues, receipts from domestic value-added tax rose an annual 9 percent last year to 2.88 trillion yuan while domestic consumption tax receipts rose 4.5 percent to 823 billion yuan, the ministry said. (Reporting by China economics team)

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