In the first half of 2007，China’s economy grew rapidly，tax revenue continued to increase substantially，and tax fiscal system supported the economic and social development，improved the level of people’s livelihood effectively. In 2008，China’s economy will influenced by weakening growth of global economy，so the China export will decrease and GDP will grow slower than that in 2007. But China’s economic growth will maintain fast speed under some favorable conditions. According to China’s economic situation，we should pay attention to the following issues：accelerate the reform of main taxes，develop the first-distribution and re-distribution roles of tax，strengthen the macro-regulation role of tax policy，adjust the tax structure，and reduce the costs of taxation and tax-paying.