China's fiscal expenditures surge 21 percent in Jan-March

BEIJING (Reuters) - Government spending in China increased 25.4 percent in March from a year earlier, while revenue rose 12.2 percent, the Ministry of Finance said on Friday.

Government spending in the first three months of the year was up 21 percent from a year earlier, while revenues rose 14.1 percent.

The figures were earlier reported by Chinese state media.

(Reporting by Beijing Monitoring Desk; Editing by Kim Coghill)