Central Government Collects 3.86 Trillion Yuan of Taxes in First Half

By The Beijing Times
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Published: 2010-08-02
China's central government collected 3.86 trillion yuan of tax in the first half year of 2010, up 30.8% on the amount collected over the same period last year, according to the Ministry of Finance's taxation department. However, since China’s economy recovery only really began to take effect during the second half of 2009, the tax revenue growth rate is expected to slow during the second half year of 2010.

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The Beijing Times

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