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SIP State Tax Bureau Overfulfills Revenue Task
for First Half of the Year

The latest statistics show that for the first half of the year, SIP State Tax Bureau has collected a total of 4.5 billion yuan RMB in various items, completing more than 2/3 of the targeted revenue for the whole year. The general budgeted revenue in the first 6 months amounted to approximately 1.3S billion yuan RMB, which completes about 2/3 of the annual target recommended by Sipac, with an increase of 2.6% over the corresponding period of last year. The growth rate of tax revenue in SIP is ranking the first in the whole of Jiangsu Provine.

July 7, 2006


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