China s 2009 fiscal revenue tops 6.85 trillion yuan
From: China Daily
Chinese Finance Minister Xie Xuren said on Wednesday that the country s fiscal revenue exceeded 6.85 trillion yuan (US$1.006 trillion) last year, 718.795 billion yuan or 11.7 percent more than 2008.
Xie revealed the figure in a report on last year s fiscal situation to the 15th session of the Standing Committee of the 11th National People's Congress (NPC), China s top legislature.
The central government expenditures exceeded revenue last year, resulting in a fiscal deficit of 750 billion yuan, according to Xie.
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