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China Nov fiscal revenue up 21.9 pct, spending up 6.7 pct y/y
December 11, 2012 / 2:06 AM / in 5 years

China Nov fiscal revenue up 21.9 pct, spending up 6.7 pct y/y

BEIJING, Dec 11 (Reuters) - China’s fiscal revenues rose 21.9 percent in November from a year earlier to 787.1 billion yuan ($126 billion), the Ministry of Finance said on Tuesday.

Fiscal spending in November grew 6.7 percent from the same month a year ago to 1.22 trillion yuan, the ministry said in a statement on its website, www.mof.gov.cn. ($1 = 6.2451 Chinese yuan) (Reporting by Aileen Wang and Kevin Yao)

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