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Economy News

China's fiscal revenue up 3.8 pct in 2019

China's fiscal revenue climbed 3.8 percent year on year to 19.04 trillion yuan (about 2.72 trillion U.S. dollars) in 2019, official data showed Monday.

The central government collected 8.93 trillion yuan in fiscal revenue, up 4.5 percent year on year, while local governments saw fiscal revenue expand 3.2 percent to 10.11 trillion yuan last year, according to data released by the Ministry of Finance.

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