China's fiscal revenue down in January-May


China's fiscal revenue dropped 10.1 percent year-on-year during the first five months of this year, latest data showed.

The country's fiscal revenue amounted to about 8.67 trillion yuan ($1.3 trillion) during the period, according to the Ministry of Finance.

Excluding the impact of value-added tax (VAT) credit refunds, fiscal revenue grew 2.9...