China's fiscal revenue for November reached 502.93 billion yuan, up 32.6 percent year-on-year, the Ministry of Finance (MOF) announced.  The main reason for the jump was due to last year's dramatic fiscal revenue decrease caused by the world's financial crisis.  Last year end, China's economy was at its lowest point.

Overall fiscal revenue in the first 11 months topped 6.34 trillion yuan, up 9.2 percent year-on-year.

Of the total fiscal revenue for November, the central government collected 273.47 billion yuan, up 34 percent year-on-year, while local governments collected 229.46 billion yuan, up 31 percent year-on-year.

Of the total fiscal revenue for January-November, the central government collected 3.41 trillion yuan, up 6.7 percent year-on-year, while local governments collected 2.93 trillion yuan, up 12.1 percent.

In the first 11 months, consumption tax was up 86.7 percent year-on-year; corporate income tax up 3.6 percent; individual income tax up 5.3 percent; while duty tax income was down 21.5 percent; and stamp tax was down 52.6 percent.

Meanwhile, fiscal expenditure grew 20.9 percent to 634.99 billion yuan in November year-on-year. Fiscal expenditure rose 22.7 percent to 5.62 trillion yuan in the first 11 months year-on-year.

The major expenditure sectors for the first 11 months included transport, up 72.4 percent; agriculture, forestry and water management, up 44.9 percent; environmental protection expenditure, up 38.5 percent; and science and technology, up 30.3 percent, according to the ministry.