China 2022 fiscal revenue +9.1% y/y, excluding tax credit rebates

Kitco Media
By Reuters
Published:
Updated:
Reuters
BEIJING, Jan 30 (Reuters) - China's fiscal revenue rose 9.1% in 2022 from a year earlier, after excluding the impact of value-added-tax credit rebates, the finance ministry said on Monday. Fiscal expenditure rose 6.1% in the full year of 2022, according to the finance ministry. Amid a protracted property crisis, China's government land sales revenue slumped 23.3% last year. (Reporting by Ellen Zhang and Ryan Woo, editing by Ed Osmond)

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