国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Rising tax revenues highlight overall improved economic outlook

By Li Xiang | China Daily | Updated: 2017-04-21 07:24
Share
Share - WeChat

China collected 3.33 trillion yuan ($480 billion) in taxes in the quarter. [Photo by Duan Bingde/for China Daily]

China saw faster growth of tax revenue in the first quarter of this year, reflecting the stable and improving momentum of the overall economy, data from the top tax authority showed on Thursday.

The nation collected 3.33 trillion yuan ($480 billion) in taxes in the quarter, up 11.8 percent year-on-year, according to the State Administration of Taxation. The growth rate was faster than the 9.8 percent rise in tax revenue in the same period of last year.

"The tax growth in the first quarter coincided with the positive economic performance shown by key indicators including the recent strong PPI (producer price index) growth," Zheng Xiaoying, a senior official of the SAT, said at a news conference.

Tax revenue from the industrial sector rose 15.7 percent in the first quarter from a year earlier, reversing the declining trend in 2016, official data showed. The high-end equipment manufacturing sector was the main contributor to tax income.

The service sector accounted for 55.7 percent of total tax revenue and the strong tax growth from the sector indicated a further rebalancing of the Chinese economy as well as the progress of structural reforms, Zheng said.

The tax authority on Thursday rolled out further measures to improve the implementation of the value-added tax reform and to reduce the corporate tax burden. The measures included policy clarification and streamlining the tax collection procedure for companies.

The announcement came after the State Council pledged on Wednesday to further reduce the corporate tax burden by about 380 billion yuan this year.

Zhao Yang, chief China economist at Nomura Securities Co, said that industries that have a relatively high agricultural production and natural gas input should benefit from the latest tax reduction measures.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
石嘴山市| 新宾| 邵阳县| 汉寿县| 依安县| 玛沁县| 饶平县| 奉贤区| 康乐县| 新密市| 石河子市| 无棣县| 栾城县| 桃江县| 玉田县| 老河口市| 临江市| 南溪县| 积石山| 高唐县| 祥云县| 辽阳县| 荆门市| 新疆| 普洱| 盖州市| 新邵县| 南充市| 库车县| 闻喜县| 鸡东县| 南丰县| 大冶市| 青神县| 富民县| 民乐县| 呼和浩特市| 奎屯市| 尼勒克县| 临汾市| 通州市|