Graphics shows China's fiscal revenue rose 7.4 percent year on year to more than 17.2 trillion yuan (about 2.69 trillion U.S. dollars) in 2017. (XinhuaShi Manke) BEIJING Texans DeAndre Hopkins Jersey , Jan. 25 (Xinhua) -- China's fiscal revenue rose 7.4 percent year on year to 17.3 trillion yuan (2.7 trillion U.S. dollars) last year on the back of stronger-than-expected economic growth, official data showed Thursday.
The growth was markedly above the 4.5-percent rate in 2016, according to the Ministry of Finance website.
The central government collected more than 8.1 trillion yuan in fiscal revenue, up 7.1 percent year on year Texans J.J. Watt Jersey , while local governments saw fiscal revenue expand 7.7 percent to top 9.1 trillion yuan.
The ministry attributed the strong growth to the country's improving economy, rising industrial prices, effective supply-side structural reforms, and other supportive policies.
The country's economy expanded 6.9 percent in 2017 Benardrick McKinney Color Rush Jersey , with the pace of growth accelerating for the first time since 2011.
With the economy on a firm footing and fiscal revenue increasing, economists expect China to continue its efforts in tax reduction to lower business costs and sustain the strength of economic recovery.
Revenue from taxes expanded 10.7 percent year on year to 14.4 trillion yuan while that from non-tax incomes dropped 6.9 percent to 2.8 trillion yuan.
Income from value-added tax increased 8 percent year on year to 5.6 trillion yuan, while the corporate income tax and personal income tax both saw faster growth of 11.3 percent and 18.6 percent, respectively.
Last year Kevin Johnson Color Rush Jersey , fiscal spending rose 7.7 percent year on year to 20.3trillion yuan. Expenditures on energy-saving projects rose 19.8 percent to 567.2 billion yuan.
China pledged to continue to implement a proactive fiscal policy in 2018.
Tom Cruise revealed the title for “Mission: Impossible 6” with a death-defying first-look photo from the sequel.
“Get ready,” Cruise captioned an image of a clapperboard with the film’s title, on his newly-launched Instagram account on Thursday.
“We’ve upped the ante for the sixth #MissionImpossible, I can’t wait for you guys to see more Nick Martin Color Rush Jersey ,” Cruise wrote, sharing a film still of him holding on for dear life on the side of a helicopter mid flight.
The film was forced to halt production in August after Cruise sustained a serious on-set injury while performing a stunt. He broke his ankle after falling short and slamming into a wall while leaping across a building gap.
The actor is famous for performing his own stunts. For “The Mummy” reboot, Cruise shot 64 takes of a plane crash sequence in zero gravity. For the fourth and fifth “Mission: Impossible” movies, he hung off the Burj Khalifa and was strapped to the wing of a moving plane.
Christopher McQuarrie returns to direct the sixth installment of the Ethan Hunt spy saga. The film also stars Alec Baldwin Will Fuller V Color Rush Jersey , Simon Pegg, Ving Rhames, Rebecca Ferguson, and Michelle Monaghan. Henry Cavill Julien Davenport Color Rush Jersey , Angela Bassett, and Vanessa Kirby join the cast.(Agencies)
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