【SMM Morning News of Steel Market: Land Sales Revenue in 26 Provinces Fell in the First Five Months】On June 24th, the Ministry of Finance released the financial revenue and expenditure situation for May 2024. In the first five months of this year, the income from the transfer of state-owned land use rights in local government funds (hereinafter referred to as "land transfer income") was 1.281 trillion yuan, a year-on-year decrease of 14%, and the decline expanded by 3.6 percentage points compared with the previous four months.
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