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China's tax revenue up 6.3% in H1

Jul 29, 2015 (China Knowledge) - China saw its tax revenue amounted to RMB 5.94 trillion in the first half of this year, 6.3% more than it realized in the same period of 2014, according to statistics released by the Ministry of Finance. 

Statistics showed that tax revenue from financial industry increased RMB 259.7 billion or 31.4% from the year before in the first half of 2015. Meanwhile, tax from internet and related services increased 24% year on year and that from software and information technology service industry rose 23.7% from the year before.

In the first six months of this year, China saw its tax revenue from real estate industry went down 6.2% year on year.

From Jan to Jun, China's tax revenue in eastern and western region increased 9.2% and 3.3%, respectively, while that in central region edged down 0.2% year on year.

Meanwhile, the country saw its export rebates reached RMB 656.5 billion in the reporting period, up 12.4% from the year before.

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