China's fiscal revenue falls in first 9 months

27.10.2022

China's fiscal revenue dropped 6.6 percent year-on-year during the first nine months of 2022, official data showed on Tuesday.

The country's fiscal revenue amounted to approximately 15.3 trillion yuan ($2.13 trillion) during this period, according to the Ministry of Finance.

Excluding the impact of value-added tax credit refunds, fiscal revenue grew 4.1...