2022-10-12T05:58:00+03:00 China 2023-09-15T04:47:44+03:00

Ukrainian news

Ukrainian news

China's lottery sales up 5.7 pct in August

China's lottery sales up 5.7 pct in August

China's lottery ticket sales reached ¥34.48 bln (about $4.86 bln) in August, up 5.7% year on year, data from the Ministry of Finance showed. This was reported by The Xinhua News Agency.

Sales of lottery tickets to support the welfare system came in at ¥12.67 bln in August, an increase of 10.7% from a year ago.

Lottery tickets sold to support the sports industry rose by 3.1% year on year to ¥21.81 bln.

In the first eight months, China's lottery ticket sales stood at ¥247.91 bln, edging up 0.2% over the same period last year, the data showed.

Under China's lottery management rules, funds raised from ticket sales are used for administrative expenses, public welfare projects and to fund prizes.