Data from the Ministry of Finance shows that from January to November, the national government fund budget revenue was 4234.8 billion yuan, a year-on-year decrease of 18.4%. In terms of central and local government, the central government fund budget revenue was 391.5 billion yuan, a year-on-year increase of 5.7%; the local government fund budget revenue was 3843.3 billion yuan, a year-on-year decrease of 20.2%, of which the revenue from the transfer of state-owned land use rights was 3262.6 billion yuan, a year-on-year decrease of 22.4%.
财政部：前11个月国有土地使用权出让收入32626亿元 同比下降22.4%
The Ministry of Finance: In the first 11 months, the revenue from the transfer of state-owned land use rights was 3262.6 billion yuan, a year-on-year decrease of 22.4%.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
