Chinese local gov'ts see steady fiscal revenue growth, sending positive signs

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Chinese local gov'ts see steady fiscal revenue growth, sending positive signs

STORY: Chinese local gov'ts see steady fiscal revenue growth, sending positive signs DATELINE: June 6, 2023 LENGTH: 00:01:52 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (Chinese): PUAH TZE SHYANG, CEO, CapitaLand Investment (China) 3. SOUNDBITE 2 (English): MAURO DE FELIP, General manager, Ferrero China STORYLINE: According to China's Ministry of Finance, the country's fiscal revenue maintained steady growth momentum in the first four months of this year. From January to April, the fiscal revenue expanded 11.9 percent year on year to nearly 8.32 trillion yuan (about 1.19 trillion U.S. dollars). During the period, the central government collected around 3.76 trillion yuan in fiscal revenue, up 8.6 percent, and local governments collected over 4.56 trillion yuan, surging 14.8 percent. The ministry said that the increase was partly driven by China's continued economic recovery. Foreign business leaders have expressed confidence in the Chinese economy, believing the

  • Product Code
  • ILEA001401794
  • Registered date
  • 2023/6/06 00:00:00
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  • Xinhua / Kyodo News Images
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