The central government collected 5.6 trillion yuan in fiscal revenues in 2012, up 9.4 percent year on year, while local governments saw fiscal revenues grow 16.2 percent to 6.1 trillion yuan.
On a quarterly basis, China's fiscal revenue growth recovered to 19.9 percent in the fourth quarter of 2012 from 14.7 percent in the first quarter, 10 percent in the second and 8.1 percent in the third quarter.
The fourth-quarter rebound was mainly caused by a low base in the same period of 2011, the MOF said.
China's economic growth quickened to 7.9 percent in the fourth quarter of 2012, ending a seven-quarter slowdown after the government cautiously eased its monetary policy and fast-tracked investment projects.
However, impacted by the faltering global economy and a cooling domestic property market, the world's second-largest economy still recorded its slowest annual growth rate since 1999, expanding 7.8 percent in 2012.
This is the most real, most helpless and most motivate life expense of Beijing!
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