Tax revenue from service sectors climbs rapidly in H1
By Li Xiang | China Daily | Updated: 2017-07-21 09:02
China's tax revenue from the service sectors rose rapidly in the first half of the year, reflecting the country's improving economic structure, the top tax authority said on Thursday.
The nation collected 7.08 trillion yuan ($1.05 trillion) in taxes in the first half of the year, up 8.9 percent year-on-year, according to the State Administration of Taxation.
The service sector accounted for 57.6 percent of total tax revenue, up 1.1 percentage points from the level of last year, which showed the continuous improvement of the country's economic structure, said Zheng Xiaoying, a senior official of the SAT.
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