China's tax revenue up 18.8% in 2008, but growth rate slides

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Home>>Business >> China Business >> Macro-Economy

China's tax revenue up 18.8% in 2008, but growth rate slides

16:01, February 20, 2009

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China's tax revenue climbed 18.8 percent year on year to top 5.42 trillion yuan (792.68 billion U.S. dollars) in 2008, the Ministry of Finance said Friday.

The growth rate, however, was 14.9 percentage points lower than 2007.

Source: Xinhua

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