Fiscal revenue up 0.8%in first 10 months

China's fiscal revenue increased by 0.8 percent year-on-year to nearly 18.65 trillion yuan ($2.63 trillion) in the first 10 months, according to data released by the Ministry of Finance. The central government collected approximately 8.19 trillion yuan in fiscal revenue during this period, down 0.8 percent year-on-year, while local governments collected 10.46 trillion yuan, up 2.1 percent. In the first 10 months, China's tax revenue totaled 15.34 trillion yuan, an increase of 1.7 percent year-on-year. The country's nontax revenue decreased by 3.1 percent to 3.31 trillion yuan during this period.

Precision check on rail equipment for safety

Chinese rail operators continued to make efforts to ensure safe rail transport in the fourth quarter. To complete annual goals in the remaining months, Yuci Station in Shanxi province is fully optimizing the role of model workers to raise work efficiency. Its Tuofeng Workshop has mobilized a team of 15 employees to organize tasks by implementing job responsibilities. They have conducted daily maintenance on 69 parking devices and 3,471 speed reducers in the 23 railway tracks in the marshal yard, trying to ensure zero equipment failures and defects.

Xinhua - China Daily