Driven by multiple channels to activate assets, non-tax revenue in China increased by 6.2% year-on-year from January to May.
On June 20th, the Ministry of Finance released the fiscal revenue and expenditure data for January to May, showing that the non-tax revenue of the country in the first five months of this year was 1.7467 trillion yuan, a year-on-year increase of 6.2%. Reporters learned from the Ministry of Finance that the growth in non-tax revenue is mainly driven by the revitalization of assets through multiple channels.
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