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  • THE ECONOMIC OBSERVER
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    China Earned 7.73 Trillion Yuan in Tax Revenue in 2010

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    The Chinese government has reported 7.73 trillion yuan in tax revenue in 2010, exacerbating public demand for tax reductions. The year-on-year growth rates of value-added tax (VAT), consumption tax, and sales tax were 14.8%, 27.5% and 23.8%, respectively. The growth rate of personal income tax was 20.4%.

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    China National Radio

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