China's Ministry of Finance said on Wednesday that the country's fiscal revenue rose to 1 trillion yuan (154 billion U.S. dollars), up 27.2 percent year-on-year, in April.
The growth rate climbed slightly from 26.7 percent in March, but eased from the 36 percent increase in the first two months of this year when surging imports boosted fiscal revenue, the ministry said in a statement on its website.
The growth of fiscal revenue is expected to continue to slow down in the following months, it added, without elaborating.
In April, the central government collected 521.4 billion yuan and local governments gathered the rest, the statement said.
The ministry said corporate income taxes rose 29.4 percent to 284.8 billion yuan in April on strong earnings, and import-related taxes jumped 28.1 percent to 116.9 billion on higher prices of commodities.
The April figure brought China's fiscal revenue in the first four months of this year to 3.62 trillion yuan, up 31.4 percent from a year earlier, it said.
Fiscal revenue in China includes taxes as well as administrative fees and other government income, such as fines and income from state-owned assets.
The ministry also said expenditures rose 31 percent year on year to 730.4 billion yuan in April and climbed 27.4 percent to 2.54 trillion yuan in the first four months.
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