e-magazine
Quake Shocks Sichuan
Nation demonstrates progress in dealing with severe disaster
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Weekly Watch
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue
eBeijing

The Latest Headlines
The Latest Headlines
UPDATED: March 15, 2011
China's February Fiscal Revenue Surge 41.5 Pct Year on Year
Share

China's fiscal revenue jumped 41.5 percent year on year in February to 699.7 billion yuan ($106.5 billion), the Ministry of Finance (MOF) said Monday.

Of the February data, the central fiscal revenue topped 375.53 billion yuan ($57.16 billion), up 50.8 percent from the previous year, while local governments gathered 324.17 billion yuan ($49.3 billion), the MOF said in a statement on its website.

The February data took the January-February fiscal revenue to 1.85 trillion yuan ($281.5 billion), an increase of 36 percent from the same period of last year.

The MOF attributed the strong fiscal revenue growth to big increases in imports-related taxes, as well as rapid economic growth and price hikes.

China's foreign trade rose 10.6 percent year on year to $200.78 billion in February, with exports rising 2.4 percent year on year to $96.74 billion while imports expanded 19.4 percent to $104.04 billion, according to customs figure.

The MOF forecast the strong growth rate of fiscal revenue to slow in the coming months due to the government's tightening measures.

Fiscal revenue in China include taxes as well as administrative fees and other government income, such as fines and income from state-owned assets.

(Xinhua News Agency March 14, 2011)



 
Top Story
-Too Much Money?
-Special Coverage: Economic Shift Underway
-Quake Shocks Sichuan
-Special Coverage: 7.0-Magnitude Earthquake Hits Sichuan
-A New Crop of Farmers
Most Popular
在线翻译
Useful Links: CHINAFRICAChina.org.cnCHINATODAYChina PictorialPeople's Daily OnlineWomen of ChinaXinhua News AgencyChina Daily
CCTVChina Tibet OnlineChina Radio Internationalgb timesChina Job.comEastdayBeijing TravelCCNStudy in China
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved