China’s fiscal revenue decline narrows in first five months
Investing.com -- China’s fiscal revenue decreased by 0.3% in the first five months of 2025 compared to the same period last year, according to data released by the finance ministry on Friday.
The 0.3% decline represents an improvement from the January-April period, when fiscal revenue had fallen by 0.4% year-on-year.
Meanwhile, China’s fiscal expenditure increased by 4.2% during the January-May period.
This growth rate was lower than the 4.6% increase recorded in the first four months of the year.
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