China's April fiscal revenue rises 6.1%

Updated: 2013-05-13 18:43


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BEIJING - China's fiscal revenue grew 6.1 percent year on year to 1.14 trillion yuan ($183.66 billion) in April, according to official data released on Monday.

The growth rate stayed at the same level as that recorded in March, the Ministry of Finance (MOF) said in a statement posted on its website.

The central government's fiscal revenue dropped by 2.2 percent year on year to 535.7 billion yuan due to the slight growth of corporate income tax, a decline in import-related taxes, as well as the high base number of last April, the statement said.

It added that local governments saw fiscal revenue expand 14.7 percent last month to 607.4 billion yuan on the back of sharp increases in housing transactions and rises in other local taxes.

In the first four months of 2013, the country's fiscal revenue expanded by 6.7 percent from a year earlier to 4.35 trillion yuan. The pace was 5.8 percentage points lower than the same period of last year, the MOF said.

In 2012, China's fiscal revenue saw an increase of 12.8 percent.

China's April fiscal revenue rises 6.1%