Via China Daily

[Photo/Sipa]

BEIJING — China’s fiscal revenue went down 14.3 percent year-on-year to 4.6 trillion yuan (about $650.4 billion) in the first quarter, official data showed Monday.

From January to March, the fiscal spending totaled 5.53 trillion yuan, down 5.7 percent year-on -year, the Ministry of Finance said.

Health expenditure rose 4.8 percent to 497.6 billion yuan in the first quarter.


READ ALSO  Philly City Council Strips Cops Of Rubber Bullets, Tear Gas After Dozens Wounded In Street Violence