China May fiscal spending growth quickens to 9.2 per cent

Shanghai: Government spending in China increased 9.2 per cent in May from a year earlier, while revenue rose 3.7 per cent, the Ministry of Finance said on Monday.
Growth in spending quickened from 3.8 per cent in April, while revenue growth declined from 7.8 per cent in April.
Government spending in the first five months of the year rose 14.7 per cent from a year earlier, while revenues increased 10 per cent.