May 18, 2020 / 9:00 AM / 11 days ago

China Jan-April fiscal revenues down 14.5% year-on-year: finance ministry

BEIJING (Reuters) - China’s fiscal revenues fell 14.5% on-year in the first four months of the year to 6.213 trillion yuan ($872.76 billion), the country’s finance ministry said on Monday.

Fiscal expenditures for the January-April period fell 2.7% from a year earlier to 7.36 trillion yuan, the ministry said.

($1 = 7.1188 Chinese yuan renminbi)

Reporting by Lusha Zhang and Huizhong Wu, editing by Louise Heavens

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