In the first quarter of 2013, tax revenue run obviously at slow level and its growth rate was less than half of the economic growth rate. Although a rebound occurred in the second quarter, the rate was still lower than the economic growth rate by 1.8 percent. The growth of major categories of tax revenue in 2013 declined by different degrees compared with those of 2012. Tax revenue growth in coastal provinces,which are the main tax sources in China was slowing down, directly leading the national tax revenue growth to run low. In 2014,if China's macroeconomic situation runs at medium-speed, tax revenues will grow at low level, together with economic condition.
<<