Guangdong Province, south China's economic powerhouse, posted fiscal revenue growth of 16 percent year on year on the back of booming business taxes and land transfer fees in the real estate sector, according to a government report.
The figure is double the 7.5-percent fiscal revenue growth reported by the entire country in the first half of the year.
The province's total fiscal revenue stood at 348 billion yuan (56.4 billion U.S. dollars) in the first six months, according to government officials.
