Numbers of the Week
1.19 trillion yuan
China's fiscal surplus stood at 1.19 trillion yuan ($174 billion) in the first half of this year, while total fiscal revenue surpassed 3.48 trillion yuan ($509 billion), a 33.27-percent jump from the year-earlier period.
10%
The government lowered the required downpayment on home purchases to 10 percent from the current 20-30 percent for citizens in the country's quake-hit areas, according to a joint directive issued on August 13 by the central bank and the other three financial regulators. |