Tax take rises
22/4/2005 9:36
Shanghai Daily News Overseas investors are playing more
active roles in the city's development. The city had received 647 million yuan
in taxes from overseas companies by April 13 this year, a year-on-year growth of
50.81 percent. The overseas part also accounts for about 40 percent of the
city's total. The increase in taxation can be attributed to the booming business
of local foreign-invested companies, which have started operations in recent
years.
|
