China's fiscal revenue up 14.7 pct in Q1

 　　BEIJING, April 13 (Xinhua) -- China's fiscal¹ revenue in the first quarter of the year rose 14.7 percent from the same period last year to hit nearly 3 trillion yuan (475.81 billion U.S. dollars), the Ministry² of Finance said Friday.

　　The growth, though slightly higher than the 13.1-percent rise in the January-February period, contrasts a 33.1-percent jump in the same period last year.

　　The decelerating growth was mainly attributed to a slowdown in the national economy, which marked the lowest growth in 11 quarters in the first three months, the ministry said.

　　In March alone, the country's fiscal revenue reached 905.8 billion yuan, up 18.7 percent year-on-year, it said.

　　Tax revenue nationwide climbed 10.3 percent year-on-year to 2.59 trillion yuan in the first three months, compared with a 32.4-percent increase in the same period of last year.

　　Revenue from the value-added tax, a major part of total tax revenue, rose 5.4 percent in the January-March period from a year ago to 660.2 billion yuan, the ministry said.

　　The ministry also said fiscal expenditure³ in the first three months climbed 33.6 percent year-on-year to 2.41 trillion yuan.

1 fiscal   

adj.财政的，会计的，国库的，国库岁入的

参考例句：

• The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
• The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。

2 ministry   

n.(政府的)部；牧师

参考例句：

• They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
• We probed the Air Ministry statements.我们调查了空军部的记录。

3 expenditure   

n.(时间、劳力、金钱等)支出；使用，消耗

参考例句：

• The entry of all expenditure is necessary.有必要把一切开支入账。
• The monthly expenditure of our family is four hundred dollars altogether.我们一家的开销每月共计四百元。