China's fiscal spending remains strong in first two months

Contributed by NAMPA / Xinhua.

BEIJING, March 19 (Xinhua) -- China's fiscal revenue dropped 1.2 percent year on year in the first two months of 2023, while its fiscal spending expanded 7 percent year on year, according to the Ministry of Finance.
The ministry said the data showed that the intensity of fiscal spending had remained strong, and spending in key areas such as people's livelihood had been well ensured.
Spending on social security and employment climbed 9.8 percent year on year, while spending on science and technol ...