花辨直播官方版_花辨直播平台官方app下载_花辨直播免费版app下载

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Fiscal revenue records faster year-on-year growth in June

By Wang Yanfei | chinadaily.com.cn | Updated: 2017-07-14 14:10

Fiscal revenue records faster year-on-year growth in June

An employee counts yuan banknotes. [Photo/VCG]

China's fiscal revenue recorded faster year-on-year growth in June, the Ministry of Finance said on Friday.

Fiscal revenue increased by 8.9 percent year-on-year to 1.7 trillion yuan ($251.8 billion) last month, accelerating from the 3.7-percent growth in May, according to the ministry.

In the first six months, the revenue increased by 9.8 percent year-on-year to 9.43 trillion yuan.

"Sound economic fundamentals supported faster growth of fiscal revenue in the first half," said Wu Haijun, deputy director of the Ministry of Finance budget department.

Tax collected from industries that have become new growth engines witnessed significant growth, according to Wu.

Tax collected from internet services, software and information technology services increased by 58.9 percent and 38.7 percent year-on-year in the first six months, respectively.

He said he expected the revenue will slow down a little in the second half this year.

"Value-added tax reform and a slew of tax cut policies introduced since last year will lead to a decline in this category," he said.

Tax collected from construction industry and the financial sector, both of which were involved in the value-added tax reform, decreased by 26.6 percent and 4.3 percent in the first half, respectively, data showed.

 

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