China Public Revenue Rises 20% In 7 Months
Chinese Finance Minister Xu Hongcai said on Wednesday that public revenue in China grew 20% in the first seven months of 2021 compared to the same period last year, state media quoted Chinese Finance Minister Xu Hongcai as saying on Wednesday.
China– State media reported that public expenditures rose 3.3% from January to the end of July, compared to the first seven months of 2020.
It also quoted Xu as saying that China’s proactive fiscal policy will become more effective, and that local governments will continue to curb debt risks.
