Fiscal revenue of China soared from January to February of the year to 15.8 percent year-on-year compared last year according to the finance ministry on Wednesday. It gained 16.7 percent on year in the stated period of time.
The sudden growth in revenue and expenses in the first two months of the year was due to the celebration of the Chinese Lunar New Year but it does not imply a wider gap between the Asian country’s fiscal revenue and spending, based on the given statement.
