Tax From Beijing's Private Firms Rises by 110 Times in 6 Years

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Saturday, December 09, 2000, updated at 15:57(GMT+8)

Business

Tax From Beijing's Private Firms Rises by 110 Times in 6 Years

The latest statistics show that Beijing's private economy has seen fast growth in the past six years with the income tax paid by the private enterprises skyrocketing 110 folds. The proportion of the tax in the total income tax collected from Beijing's enterprises has leapt from 0.3% in 1994 to 15.7%. (Panorama)


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	Beijing's private economy has seen fast growth in the past six years with the income tax paid by the private enterprises skyrocketing 110 folds.




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