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SOEs' tax payments up 13.5%

2012-08-28 17:28 chinadaily.com.cn     Web Editor: Wang YuXia comment

State-owned enterprises administered by the State-owned Assets Supervision and Administration Commission of the State Council paid 1.8 trillion yuan ($283.95 billion) in taxes and fees from Jan to July, a 13.5 percent increase as compared with the same period last year, Xinhua reported.

Central SOEs contributed 1.3 trillion yuan of the total, representing a year-on-year increase of 13.8 percent, 4.8 percentage points higher than the country's tax revenue growth rate in the corresponding period.

China's total tax revenue from Jan to July rose 9 percent from last year to 6.4 trillion yuan.

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