According to the circular of the State Administration of Taxation, the total tax revenue in China in the first half of 2017: 70778.8 billion yuan (deducted from the export tax rebate), an increase of 8.9% over the same period of last year.
According to Zheng Xiaoying, deputy director of the income planning and accounting department of the State Administration of Taxation, the revenue of China's retail industry was increased by 25% in the first half of 2017, faster than the overall tax increase of 16.1%. The pace of escalation of gratuities escalated; the consumption of knowledge-based, service-oriented and innovative consumer products increased 64%, 34.9%, 24.9% and 15.6% respectively in industries such as sports, education, culture, arts and entertainment. In the first half of the year, the revenue from the secondary and tertiary industries in our country increased significantly compared with the previous period. The tax revenue from the secondary industry changed from last year's decline to a faster growth in the first half of this year, reflecting the real economy's improvement. The tertiary industry's tax revenue accounted for the national tax revenue Accounting for 57.6% of the total, up 1.1 percentage points from 2016, reflecting the continuous optimization of China's economic structure. Geographically, tax revenue in the eastern, central and western regions increased by 6.7%, 13.9% and 12.4% respectively in the first half of the year. Tax revenue in the region's advantageous industries increased rapidly. For instance, revenue from the general equipment manufacturing industry in Beijing, Tianjin and Hebei Province increased by 57.7% 29.7% of the national total. The revenue from software and information technology service industries in the Yangtze River economic belt increased by 52.5%, 13.8% higher than the national average, reflecting the remarkable results achieved by the national strategy for regional development.