BEIJING, Aug. 20 (Xinhua) -- China will exempt childcare subsidies from individual income tax effective from Jan. 1, 2025, according to a notice released by the Ministry of Finance and the State ...

BEIJING, Aug. 20 (Xinhua) -- The Ministry of Finance on Wednesday said that it will issue 12.5 billion yuan (about 1.75 billion U.S. dollars) of renminbi-denominated treasury bonds in the Hong Kong ...

China's fiscal expenditure expanded 3.4 percent year on year to nearly 16.1 trillion yuan in the first seven months. The central government's fiscal expenditure rose 8.8 percent year on year during ...