Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, May 20 (Xinhua) — China’s tax revenue rose 1.9 percent year on year in April 2025, marking a turnaround from recession to growth, according to official data released by the Ministry of Finance on Tuesday.
According to the agency, in the first four months of this year, the country’s tax revenues fell by 2.1 percent compared to the same period last year, while non-tax revenues grew by 7.7 percent year-on-year.
The data also showed that China’s fiscal revenue in the first four months fell 0.4 percent year on year to 8.06 trillion yuan (about $1.12 trillion). -0-