China's July fiscal revenue up 10.2 pct y/y

Published: 11 Aug 2009 18:36:54 PST

BEIJING, Aug 12 - China's nationwide fiscal revenue was up 10.2 percent in July from a year earlier at 669.6 billion yuan ($97.98 billion), the Ministry of Finance said on Wednesday.

Revenue in June rose 19.6 percent from a year earlier.

Combined central and local government revenues in the first seven months totalled 4.07 trillion yuan, a fall of 0.5 percent from the same period last year.

In July alone, China's nationwide fiscal spending reached 498.6 billion yuan, up 9.3 percent from a year earlier, the ministry said. ($1=6.834 Yuan)