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Tag Archives: China’s fiscal revenue

China’s fiscal revenue rises 13.9% due to property tax

China’s fiscal revenue

The Ministry of Finance said in a report last Thursday that China’s fiscal revenue rose 13.9 percent year on year in June, posting its biggest gain this year as property tax payments increased. Government revenue reached 1.53 trillion yuan (US$246 billion) in June, lifting the first-half revenue by 6.6 percent to 7.96 trillion yuan. The revenue gain last month was ...

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