China’s Fiscal Revenue in August, 2009
China’s fiscal revenue rose 36.1% in August
News on September 11: In August, China’s fiscal revenue rose 36.1% over the same month last year, which reached 523.75 billion yuan (equals to 76.68 billion U.S. dollars), the Ministry of Finance announced on Friday. This was the fourth month that China’s monthly fiscal revenue rose.
However, the Ministry of Finance claimed that, although China’s fiscal revenue rose for four consecutive months, China was still facing great fiscal pressures under the financial crisis.
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