Chongqing embraces good fiscal situation

Chongqing boasted a good fiscal situation in the first 3 quarters of 2012, with the fiscal revenue of 217.94 billion yuan and fiscal expenditure of 278.57 billion yuan, up 6.7% and 17.2% year on year respectively, according to Chongqing Finance Bureau on October 22, 2012.

Chongqing increased the fiscal expenditure on education, social security, medical and health, urban & rural social community service, traffic transportation, etc. from January to September 2012.

Liu Wei