Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Aug. 19 (Xinhua) — China's fiscal revenue rose 0.1 percent year on year to more than 13.58 trillion yuan (about 1.9 trillion U.S. dollars) in the first seven months of this year, the Ministry of Finance said Tuesday.
From January to July, the central general public budget's revenue was more than 5.85 trillion yuan, down 2 percent year-on-year, while local general public budgets' own revenue rose 1.8 percent year-on-year to 7.73 trillion yuan.
In the first seven months, China's budgetary expenditure increased by 3.4 percent year on year to nearly 16.1 trillion yuan. In particular, the central general public budget's own expenditure increased by 8.8 percent, while local general public budget expenditure increased by 2.5 percent.
In the first seven months, the country's education expenditure was 2.44 trillion yuan, up 5.7 percent year on year; science and technology expenditure was 533 billion yuan, up 3.2 percent; and social security and employment expenditure exceeded 2.76 trillion yuan, up 9.8 percent. -0-
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