Others News
- Tax revenue jumps 30.8%
Date: 16-Oct-2007 Sources: (Shenzhen Daily)
CHINA'S tax revenue went up 30.8 percent to 3.72 trillion yuan (US$495 billion) in the first three quarters of 2007, the highest growth rate for the same period registered since 1994, the State Administration of Taxation (SAT) said last week.
The aggregate tax revenue in the first nine months this year approached the total generated in 2006, said Shu Qiming, director of the statistics department under the SAT. The country's tax revenue for the whole of 2006 stood at 3.76 trillion yuan.
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