China's tax revenue hits record 3 trillion yuan in 2005
(Xinhua)
Updated: 2006-01-01 16:24

China's total tax revenues reached a record high of 3.0866 trillion yuan (385.8 billion US dollars) in 2005, an increase of 20 percent, or 514.8 billion yuan, year-on-year.

The figure, excluding Customs duties and agricultural tax, was revealed by a report posted on the website of the State Administration of Taxation (SAT) on Sunday.

This is the first time that the nation's tax revenues exceeded 3 trillion yuan, the report said.