Statistics
China's fiscal revenue rise 55.8% in Dec
(Xinhua)
Updated: 2010-02-05 17:21
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China's fiscal revenue for last December reached 508.4 billion yuan ($74.45 billion), up 55.8 percent year on year, the Ministry of Finance (MOF) announced Friday.
The ministry attributed the robust revenue growth to a relatively low comparison basis in December 2008, surging consumption tax takes after the oil tax and fees reforms, and rising business tax boosted by a strong domestic property market.
Overall fiscal revenue last year topped 6.85 trillion yuan, up 11.7 percent from 2008, according to the statement.
