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China's October fiscal revenue fell.....>

CHINA PRESS
MNI (London)
CHINA PRESS: China's October fiscal revenue fell year-on-year for the first time
this year, weighed by tax and fee cuts, as well as VAT reform, Xinhua news
agency said late Tuesday, citing Zhang Lianqi, a fiscal and taxation expert.
- Fiscal revenue was CNY1.572 billion in October, down 3.1% y/y on October 2017,
with tax revenue down by 5.1% y/y to CNY1.346 billion, Xinhua said, citing
Finance Ministry data.
(Link to the story: https://bit.ly/2DCRO4T)
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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