China's fiscal revenue up 10.7% to 20.25 trillion yuan in 2021

​China's fiscal revenue jumped 10.7% year on year to 20.25 trillion yuan in 2021, almost doubling the number in 2012, Vice Minister of Finance Xu Hongcai said at a press conference Tuesday.

January 26, 2022

China to scale up tax and fee cuts in 2022

China will take stronger measures to cut fees and taxes to support market entities this year with a combination of fiscal incentives, the Ministry of Finance said Tuesday.

January 26, 2022

China's fiscal revenue jumps 10.7% in 2021 on stronger economic recovery

China's fiscal revenue rose 10.7 percent year on year to hit 20.25 trillion yuan (about 3.19 trillion U.S. dollars) in 2021, Xu Hongcai, vice minister of finance, said Tuesday.

January 26, 2022