China's January-August fiscal revenue up 0.3% y/y
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FILE PHOTO: People walk on a pedestrian bridge at Lujiazui financial district in Shanghai, China, July 14, 2025. REUTERS/Go Nakamura/File Photo
BEIJING (Reuters) -China's fiscal revenue increased 0.3% in the first eight months of 2025 from a year earlier after a 0.1% gain in the January-July period, finance ministry data showed on Wednesday.
Fiscal expenditure was up 3.1% on the year in the January-August period, comparing with a 3.4% increase in the first seven months.
Last week, finance minister Lan Foan said China's fiscal policy had ample room and pledged a more flexible fiscal push to shore up economic growth.
(Reporting by Beijing Newsroom. Editing by Mark Potter)
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