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Wednesday, 13 November 2013

China October fiscal revenues up 16.2 percent year on year

China’s fiscal revenues in October rose 16.2 pct from a year earlier to 1.2 trillion yuan ($197 billion), the Ministry of Finance said on Wednesday, accelerating from September’s 13.4 percent rise.


Fiscal revenues grew 9.4 percent in the first 10 months from the same period last year to 11.1 trillion yuan, the ministry said in a statement on its website, www.mof.gov.cn.


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Xiaoyi Shao, Aileen Wang and Kevin Yao, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/rH2xUQDV5xk/

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