Tax collection during the coming 10th Five-year Plan period
(2001-2005) must be conducted according to laws and resort to
advanced technology to better serve the national economy, said
Jin Renqing, director of the State Administration of Taxation
(SAT) at the National Taxation Conference held December 17.
A successive tax
growth slightly higher than that of GDP should be guaranteed
and the amount of tax revenue in GDP and that of central-level
tax in whole taxation should be raised, he added.
Efforts should
be made to establish a perfect taxation system in line with
socialist market economy, and under a fully functioned new
levy system all information will be shared. The major task
currently is to regulate tax collection.
During the ninth
Five-year Plan period (1996-2000), China's total tax revenue
will exceed 4700 billion yuan, averaging a yearly increase
of 130bn yuan or a yearly growth rate of over 15 percent.
(People's Daily
12/18/2000)
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