Market news
15.09.2015, 15:17

Fiscal spending in China rises 25.9% in August

China's Ministry of Finance said on Tuesday that fiscal spending in China rose 25.9% in August from a year earlier. It was biggest increase since April.

For the first eight months of 2015, fiscal expenditure rose by 14.8% compared with the same period last year. Spending on education jumped 15.8% in the January-August period, healthcare was up by 19.5%, energy conversation and clean technology increased by 22.7% while social security and employment gained by 21.7%.

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