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China Daily | Updated: 2010-07-16 07:53

Fiscal revenue up in first-half

Fiscal revenue rose 27.6 percent in the first six months from a year earlier to 4.33 trillion yuan ($639.74 billion), the Ministry of Finance said on Thursday.

From January to June, tax revenues increased by 30.8 percent from the same period last year to 3.86 trillion yuan, the ministry said in a statement on its website.

Nuclear firm to expand abroad

China National Nuclear Corp, the country's biggest builder of reactors, is seeking to construct a nuclear plant in Argentina as the company expands overseas.

State-owned China National Nuclear will place a bid to build Argentina's fourth atomic plant, President Sun Qin said at a conference in Shanghai on Thursday, without providing further details.

Chinese suppliers may make "a big breakthrough" in overseas expansion in one to two years, Sun said on March 5.

China Daily - Bloomberg News

(China Daily 07/16/2010 page13)

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