BEIJING, Oct. 16 (UPI) -- China's September fiscal revenue totaled $82.17 billion, up 33 percent from the same month last year, the Finance Ministry said Friday.
It was the fifth month in a row revenues had risen, the ministry said, attributing it to domestic economic recovery, Xinhua reported.
September fiscal expenditure rose 32.9 percent to $96.4 billion.
Fiscal revenue in the first three quarters of this year rose 5.3 percent to $754.4 billion and expenditures in the same period rose 24.1 percent to $662 billion.
China is now the world's third largest economy after the United States and Japan but soon is expected to take second place.
Since 1949 when the People's Republic of China was founded, the country's annual fiscal revenues have risen more than 1,000 times to $899 billion in 2008. Since 1978, China's gross domestic product has grown at an annual rate of 9.8 percent.
