China’s 2007 tax revenue surges 31% to $677.1 bln

HONG KONG (MarketWatch) — China’s tax 2007 revenue climbed to 4.94 trillion yuan ($677.1 billion), up 31.4% from the preceding year, according to media reports which cited a statement by the State Administration of Taxation Tuesday. The tax figure did not include revenue from customs levies, land taxes and contract taxes.
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