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China’s tax revenue rises 2.2% in first 9 months

From Peoples Daily Online on

November 4, 2009

China’s tax revenue rose 2.2 percent year on year to 4.51 trillion yuan (662.61 billion U.S. dollars) in the first nine months, the Ministry of Finance said Tuesday. The growth rate for the first three quarters was 23.9 percentage points lower from a year earlier. However, the rate was8.2 percentage points higher than that of the first half of this year, the ministry said in a statement on its official website. The monthly growth rate posted a fourth straight rise of 30.1 percent …

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