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Monday, June 29, 2015
The Tariff Waivers Under the TPP Will Boost The Investment By Chinese Textile Company
ANBOUND

China's Finance Minister Lou Jiwei has on 28th June said that in the coming months of the year, due to the considerable downward pressure on the economy, it is foreseen that there will be considerable pressures to meet the central government's fiscal revenue target. The revenues collected under the general public budgets in the first five months of 2015 were 6.4265 trillion yuan, and having taken into account the inclusion of eleven government managed funds into the general public budget since 1st January this year, it has increased 3.1% compared to last year when using the same methodology of calculation. The revenue in the central government’s general public budget was 2.9494 trillion yuan, an increase of 2% when using the same methodology of calculation, but below the budgeted growth rate of 5%.

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