BEIJING, Jan. 25 (Xinhua) -- China's new tax policies aimed at stabilizing the real estate market have resulted in 11.69 billion yuan (about 1.6 billion U.S. dollars) in tax reductions and exemptions ...
China's fiscal revenue increased by 1.3 percent from the previous year to reach 21.97 trillion yuan (US$3.05 trillion) in 2024, according to data from the Ministry of Finance. A closer look at the ...
China's local governments issued new bonds worth 4.72 trillion yuan (US$658.25 billion) in 2024, data from the Ministry of Finance showed Friday. Of the total, special bond issuance came in at 4.02 ...