China Financial Daily

June 15, 2009

The Mainland in May year-on-year revenue growth of 4.8% in the end of a row of negative growth in 7 months

The Mainland in May year-on-year revenue growth of 4.8% in the end of a row of negative growth in 7 months
Published on the 15th the Ministry of Finance statistics show that in May, the National 656.947 billion yuan of fiscal revenue, the same month last year increased 30.132 billion yuan, an increase of 4.8%. This is the first since October last year is growth.

In October last year, the National 532.895 billion yuan of fiscal revenue, the same month the previous year fell 0.3%. For 7 months since the country’s financial revenues are negative year-on-year growth in April this year, the National 589.715 billion yuan of fiscal revenue, up 13.6 percent decline.

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