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China’s fiscal revenue falls 1.6% YoY in Jan-Feb 2025
China's fiscal revenue fell 1.6 per cent year on year to $611.59 billion yuan in the first two months of 2025, while spending rose 3.4 per cent. Finance Minister Lan Fo’an pledged a more proactive fiscal policy to boost consumption, investment, and innovation. China plans $181 billion in special bonds and doubled trade-in programme funding.
China's fiscal revenue fell 1.6 per cent year on year to $611.59 billion yuan in the first two months of 2025, while spending rose 3.4 per cent.
Finance Minister Lan Fo’an pledged a more proactive fiscal policy to boost consumption, investment, and innovation.
China plans $181 billion in special bonds and doubled trade-in programme funding.
