Tax revenues curbed by economic slowdown
By Zheng Yangpeng | China Daily | Updated: 2015-01-10 08:24
Government reports first ever single-digit annual growth, with property a major culprit
China's tax revenue slowed to a single-digit growth for the first time last year, as the economy eased.
Wang Jun, director of the State Administration of Taxation, told a work conference on Friday that tax collected during 2014 grew 8.8 percent to 10.38 trillion yuan ($1.67 trillion).
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