Tax collection up 9.9% in Q1 from year ago
Source: Xinhua |
April 23, 2014, Wednesday
|
Print Edition
Print Edition
CHINA collected 2.6 trillion yuan (US$417 billion) in taxes in the first quarter of 2014, up 9.9 percent year on year, an official said yesterday.
Wang Lujin, spokesman for the State Administration of Taxation, said tax collected from the tertiary industry grew by 13.6 percent in the first quarter, 7.7 percentage points higher than the secondary industry. Tertiary industry tax accounted for 53.3 percent of the total from January to March, compared with the 51.6 percent share in the same period of last year.
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