China’s fiscal revenue falls 0.3% in January-May period

BEIJING (Reuters) -China’s fiscal revenue shrank 0.3% in the first five months of 2025 from a year earlier, narrowing a 0.4% decline in the January-April period, finance ministry data showed on Friday.

Fiscal expenditure was up 4.2% in the first five months, versus a 4.6% gain in the first four months.

(Reporting by Beijing Newsroom; editing by Mark Heinrich)