China's tax revenue growth accelerates in 2017

Updated 2018-02-01 23:40:03 Xinhua

China's tax revenue growth accelerated in 2017, official data showed Thursday.

China collected taxes worth 12.6 trillion yuan (2 trillion U.S. dollars) last year, up 8.7 percent year on year, compared with 4.8 percent growth in 2016, according to the country's top taxation authority.

The tertiary sector continued to be the biggest tax contributor, with its tax revenue rising 9.9 percent year on year and accounting for 56.1 percent of total taxation.

The internet and related services industry saw its tax revenue surge 55.1 percent year on year.

Meanwhile, the high-end manufacturing sector also posted strong growth in tax revenue. General purpose and telecom equipment saw their tax revenue up 23.5 percent and 21.6 percent year on year, respectively.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58February 19 2018 01:44:35

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16February 19 2018 01:44:35

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18February 19 2018 01:44:35

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords