China's fiscal revenue dipped 2.6 % year-on-year in the first seven months of this year, official data showed Monday. The January-July figure, however, rose 1.2 % after adjustment by deducting effects from factors such as favorable policies for micro, small and medium enterprises that led to a higher comparative basis last year, and tax reduction measures. The country's fiscal expenditure expanded 2.5 percent year-on-year during the January-July period. Source: Qatar News Agency