BEIJING - China collected 6.5 trillion yuan ($985 billion) in taxes in the first half of 2016, up 9.4 percent year on year, data from the State Administration of Taxation (SAT) showed on Wednesday.
Taxes collected from tertiary industry rose 10.9 percent year on year, accounting for 58.2 percent of the total, said the SAT.
The surge in tax revenue from tertiary industry reflected an adjustment in China's economic structure and rising consumption demand, said Zheng Xiaoying, a senior SAT official.
Meanwhile, tax revenue from high-end manufacturing also increased rapidly thanks to the country's innovation drive.
Tax collected from auto manufacturing, pharmaceuticals and aerospace equipment manufacturing in the first half rose 7.2 percent, 12.2 percent and 11.1 percent, respectively.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
