Mumbai, May 21 -- China's fiscal spending increased 1.3% year-on-year to CNY 9.48 trillion in the first four months of 2026, with budget execution reaching 31.6% of the annual target, the fastest pace for the period in five years. Meanwhile, fiscal revenue rose 3.5% to CNY 8.34 trillion, supported by a 3.9% increase in tax revenue, signaling improving fiscal momentum and stronger policy support for economic stabilization.
Published by HT Digital Content Services with permission from Capital Market....