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

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Macro

Rising tax revenues highlight overall improved economic outlook

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

Rising tax revenues highlight overall improved economic outlook

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.

Most Viewed in 24 Hours
Copyright 1995 - . 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
伊吾县| 厦门市| 平顶山市| 富宁县| 福泉市| 周口市| 莱州市| 古交市| 新晃| 马龙县| 临湘市| 鞍山市| 宕昌县| 阳谷县| 无锡市| 蓝田县| 宜城市| 邢台县| 上林县| 高阳县| 四会市| 徐水县| 荔浦县| 论坛| 襄樊市| 临汾市| 自治县| 富裕县| 德昌县| 娄烦县| 郧西县| 曲麻莱县| 南安市| 南江县| 吉木乃县| 聊城市| 丹巴县| 张家川| 勃利县| 岳阳市| 永德县|