China Jan-Sept fiscal revenue up 4.1% y/y, excluding impact of tax credit rebates

FILE PHOTO: A construction site of a bridge is seen during a government-organised media tour in Liangshan Yi Autonomous Prefecture, Sichuan province, China September?11, 2020. Picture taken through a glass window on September 11, 2020. REUTERS/Tingshu Wang
BEIJING : China's fiscal revenue rose 4.1 per cent in the January-September period from a year earlier, after excluding the impact of value-added-tax credit rebates, the finance ministry said on Tuesday.
Fiscal expenditure rose 6.2 per cent in the first nine months, according to the finance ministry.