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Article: China Reports Robust Tax Revenue Growth
- Article from:
- Xinhua News Agency
- Article date:
- September 28, 2000
CopyrightCopyright 2000 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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China has witnessed a robust growth in tax revenue in the ninth
five-year-plan period ( 1996- 2000), a top taxation official said
today.
"The ninth-five-year-plan has been a period characterized by the
strongest tax revenue growth for China," head of the State
Administration of Taxation, Jin Renqing said in an exclusive
interview with Xinhua.
He estimated that China's tax revenue during the period might
hit 4.67 trillion yuan, which is almost 220 percent over that of the
eighth five-year-plan period(1991-1995), representing an annual
growth rate of 15 percent.
According to Jin, the government's tax revenue has been
increasing at 100 billion yuan per year since 1996.
In 1999, the tax revenue ...