CHONGQING (CQNEWS) -- Chongqing local financial revenue totaled 63.45 billion yuan in the first quarter of 2011, up 75.9% year on year, Chongqing Finance Bureau said.
The fund budget revenue reached 33.36 billion yuan in the first quarter, the state-owned land-use right transfer revenue 31.87 billion yuan, and the general budget revenue 30.09 billion yuan, up 118.7%, 129.9%, and 44.5% respectively.
The sustainable increase is mainly driven by rapid economic growth and higher quality. (Translated by Zhong Jie, Fathom Language Limited)
