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Business / Economy

China's fiscal revenues rise 4.2% in Aug

(Xinhua) Updated: 2012-09-11 17:23

BEIJING - China's fiscal revenues grew 4.2 percent year-on-year to 786.3 billion yuan ($124 billion ) in August, the Ministry of Finance said Tuesday.

The country's central fiscal revenue dropped 6.7 percent year-on-year to 376.5 billion yuan last month, while that of local governments was up 16.8 percent to 409.8 billion yuan, according to a statement of the ministry.

China's fiscal revenues rise 4.2% in Aug

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