China's general public budget revenue increased 11.5 percent year on year to around 13.93 trillion yuan (about $1.94 trillion) in the first seven months of this year.
The central government collected about 6.38 trillion yuan in revenue, up 11.2 percent year on year, while local governments saw revenue increase 11.8 percent to about 7.55 trillion yuan, Chinese News Agency (Xinhua) quoted the China's Ministry of Finance as saying.
Tax revenue totaled 11.75 trillion yuan in the first seven months, up 14.5 percent year on year.
The data also shows that the country's general public budget spending expanded 3.3 percent year on year to 15.16 trillion yuan during the period.
Sectors related to health, social security and employment, education as well as agriculture, forestry and water conservancy registered relatively faster growth in fiscal spending, according to the ministry. (QNA)
