China's January-August fiscal revenue up 5.7% year-on-year
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Yongding Pagoda stands against the rising sun and Beijing skyline, with skyscrapers in the Central Business District, including the CITIC Tower and CCTV headquarters, seen in the distance, in Beijing, China, September 3, 2026. REUTERS/Maxim Shemetov
BEIJING, Sept 18 (Reuters) - China's fiscal revenue rose 5.7% in the first eight months of 2026 from a year earlier, finance ministry data showed Friday, slightly down from a 5.8% growth in the January-July period.
Fiscal expenditure grew 1.2% year-on-yea over the January-August period, compared with a 1.3% increase in the first seven months.
Last month, China's Vice Finance Minister Liao Min said authorities were preparing new fiscal-financial support measures to roll out in the second half of this year and Beijing will refine its policy toolkit as economic conditions evolve.
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