Taxes bounce back
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On Tuesday, the Ministry of Finance (MOF) disclosed at a press conference that national tax revenue was RMB 10.05 trillion in 1H 2020, up 22.5% from a year earlier.
Meanwhile, non-tax sources of revenue were RMB 1.67 trillion, up 17.4%.
That’s not surprising. Taxes took a hit last year and are bou...