LINE

Text:AAAPrint
Economy

China May lottery sales rise 7.8 pct

1
2016-07-01 16:29Xinhua Editor: Mo Hong'e

China's lottery sales rose 7.8 percent year on year to 34.62 billion yuan (5.2 billion U.S. dollars) in May, new data showed on Friday.

Sales of welfare lottery tickets increased 1.8 percent year on year to 18.37 billion yuan in May, while sports lottery sales jumped 15.6 percent to 16.25 billion yuan, the Ministry of Finance said in a statement.

In the first five months of 2016, total lottery sales stood at 160.29 billion yuan, representing a mild increase of 0.5 percent from a year earlier.

May's lottery sales in south China's Guangdong Province rose by 967 million yuan from a year ago, while Shandong, Hubei, Hunan and Yunnan also posted large increases, according to the statement.

Under lottery management rules, money from ticket sales must cover administrative fees and public welfare projects as well as the jackpot.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.